Tuesday, June 30, 2015

Another round of buyouts part of new Inquirer, Daily News contract



No more furloughs or increases in health care costs. Double the severance pay. Another employee buyout program that will be guided by seniority were among the key features of the tentative two-year collective bargaining agreement between the union representing employees of the Philadelphia Inquirer and Daily News and parent company Philadelphia Media Network.


The deal, reached Friday at 11 p.m. following 11 hours of negotiation, helped avert a strike for Philadelphia’s two largest general circulation newspapers.

After contracts for the two papers and the one previously reached for Philly.com are approved by the union’s national organization in Washington, the Newspaper Guild will schedule ratification votes for next week.

PMN spokeswoman Amy Buckman said management would not comment on the deal until after the Guild’s ratification vote.

When asked what he thought management got out of the agreement, Guild Executive Director Bill Ross said it avoided a work stoppage for the more than 400 employees making up the two newspapers and the website.

“That would have crippled the company,” Ross said. “The company realized how valuable its employees are and did the right thing. For us, layoffs are still based on seniority and we have the right to grieve if they are done improperly, we stopped the bleeding with pay cuts and health care costs and no more furloughs.”

No comments:

Post a Comment