Bargaining Update: Sending a Message

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IAPE and Dow Jones bargaining teams met in Princeton this morning for an off-the-record meeting to discuss compensation. By agreement, neither the union or management are reporting details from today’s negotiation meeting.

We can, however, convey how surprised we were to hear CEO Almar Latour’s response to a contract-related question during his All Hands meeting this morning. When asked how he squares the company’s 3% per year wage offer after years of high inflation and record Dow Jones performance, he expressed his confidence in the parties reaching a satisfactory agreement.

“We will do what we always do,” Latour said.

We’re not so sure.

What IAPE members know, and it appears management hasn’t realized yet, is that we are not close to a new deal. Unless Dow Jones understands its employees are #WorthMore, chances of reaching an agreement on a new contract in the near future appear slim.

So, let’s send that message.

If you’re working in the office today, you may have noticed IAPE signs on desks, counters, and even seltzer machines. No matter where you’re working, we invite all members to join the #WorthMore campaign. Download, print and display one of our desk tent options, or use the blank template to add your own contract commentary. And remember to email us photos of your Worth More messaging!

Bargaining resumes, back on the record, next Tuesday. Members are welcome to join open bargaining. See your email to register.