Joint Statement: IAPE & Dow Jones Tentatively Agree To One-Year Contract

New York, NY (August 18, 2022) — The Independent Association of Publishers' Employees (IAPE), Local 1096 of The NewsGuild - Communications Workers of America and Dow Jones & Company have reached a tentative deal on a new, one-year collective bargaining agreement covering more than 1,300 employees across the United States and in Canada. The deal, agreed to by representatives of the Union and the Company, has been approved by the elected Board of Directors of IAPE and will be presented to Union members for a ratification vote in the coming weeks.

The tentative agreement (succeeding the prior agreement that expired on June 30, 2022) provides a 4% wage increase (with a minimum increase of $40/week) as well as a 1% lump sum payment, effective July 1, 2022. It also provides an additional 0.5% wage increase, effective January 1, 2023.

The agreement includes an extension of the Company's 2022 health insurance plan through 2023 with a freeze of health insurance premium rates, deductibles, copayments and other plan terms for all IAPE-represented employees in the United States.

Contacts:

For Dow Jones
Matt Reichman
matt.reichman@dowjones.com

For IAPE
Tim Martell
tim.martell@iape1096.org