Contract Trivia: COLA
/Congratulations to New York member Nick Guy, today’s 2023 trivia contest winner of a $50 prize. Nick’s entry was selected from several correct responses to last week’s question: the weekly shift differential rate for employees who work night shifts is $140 (see Article III - Job Classifications and Wages, Section G).
We hope everyone has caught up on contract negotiations updates from yesterday and today. IAPE and Dow Jones negotiators have now had three meetings to consider proposals, especially respective proposals over the same subject. The existing Cost Of Living Allowance (COLA) provision is one such contract section, with Dow Jones presenting a proposal to eliminate COLA protection.
IAPE, on the other hand, has explained that COLA protection is a priority for union members and has proposed eliminating the existing cap on COLA adjustments to wage increases. So, for this week’s trivia question, see if you can tell us:
Under the current contract, what is the maximum “extra” COLA increase allowable when inflation exceeds negotiated pay raises?
Email your response to union@iape1096.org. If you are not certain of the answer, 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. Next 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 prize every thirty days.