Contract Trivia: Incentive Payments

Congratulations to Princeton member Sangeeta Bohra, Friday’s winner of our 2023 trivia contest and a $50 prize. Sangeeta’s entry was selected from several correct responses to our question from Mar. 24: the five Dow Jones departments specifically excluded from IAPE coverage are Executive, Legal and Labor Relations, Human Resources/People (including IT personnel exclusively supporting the HR/People Department), Information Security, and Internal Audit  (see Article I - Scope of Agreement, Section B).

Friday was March 31 and the end of the third quarter in the Dow Jones fiscal year. While segment payments will soon be calculated for many IAPE-represented employees compensated under sales incentive plans, there is a waiting period before commissions and bonuses are paid. The contract actually provides the company with a (very) significant amount of time to make payments, which brings us to this week’s question:

How soon after incentives are earned must they be paid by the company?

Think you know? Email your response to union@iape1096.org. Not sure? Scroll through our contract posted on the IAPE website to find the relevant section. Members in good standing* will have until Thursday at midnight  to find the answer within the current collective agreement between IAPE and Dow Jones, and email that answer back to us. This Friday, one winner will be selected at random from all the correct responses, and that winning member will receive a $50 prize from IAPE.

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*The IAPE contract trivia question is a weekly contest for members of the IAPE/DJ bargaining unit in the United States and Canada, working under the terms of the collective agreement between Dow Jones & Company Inc. and the Independent Association of Publishers’ Employees (IAPE) TNG/CWA Local 1096, AFL-CIO,CLC, in effect from July 1, 2022 – June 30, 2023. IAPE officers, IAPE directors, IAPE staff, fee-paying non-members and non-members in right-to-work states (or new employees not yet paying dues to IAPE) are not eligible for prizes. Contest period lasts through 11:59 PM Eastern Time each Thursday. On Friday, one winner will be selected from the previous week’s correct answers by a random drawing. Winners are limited to one gift card prize every thirty days.