After One Year & One Day, Independent Association Of Publishers’ Employees Union & Dow Jones Reach Tentative Agreement On New Contract
Independent Association of Publishers’ Employees (IAPE) Local 1096 of The NewsGuild-Communications Workers of America (TNG-CWA) have reached a tentative contract agreement with Dow Jones on a new four-year agreement. The IAPE is composed of 1,400 Journalists, Technology Staff, Sales Professionals and Administrative, Production and Support Staffers across the United States and Canada who make possible outlets like The Wall Street Journal, Dow Jones Newswires, MarketWatch, Barron’s, Factiva and others. Highlights of the contract include: A 16.25% wage increase over the duration of the contract: A lump sum payment of 4.25% of pay or $4,250 (whichever is larger); A ratification bonus; A freeze of health insurance premiums; Enhanced Parental Leave Benefits; An additional paid company holiday; An increase to the minimum pay scales; and more. After a year and a day of negotiations, the Workers who provide Dow Jones with award-winning reporting, record subscriptions and unprecedented profits have secured a hard-fought win after coming to the brink of a walkout for the first time in the 80-plus year history of the Union.
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