Current:Home > StocksHarperCollins and striking union reach tentative agreement-LoTradeCoin
HarperCollins and striking union reach tentative agreement
View Date:2024-12-24 00:54:38
NEW YORK — HarperCollins Publishers and the union representing around 250 striking employees reached a tentative agreement providing increases to entry level salaries. If union members ratify the contract, it will run through the end of 2025 and end a walkout that began nearly three months ago.
HarperCollins and Local 2110 of the United Auto Workers released separate, identical statements Thursday night, announcing "increases to minimum salaries across levels throughout the term of the agreement, as well as a one time $1,500 lump sum bonus to be paid to bargaining unit employees following ratification."
No other details were immediately available.
Mid- and entry-level staffers in departments ranging from marketing to book design asked for a starting salary boost from $45,000 to $50,000, along with greater union protection and increased efforts to enhance diversity. Employees have worked without a contract since last spring and went on strike Nov. 10.
The industry and others closely followed the walkout, which drew attention to growing unhappiness over wages that have traditionally been low in book publishing and have made it hard for younger staffers without outside help to afford living in New York City, the nation's publishing hub.
Earlier this week, Macmillan announced it was raising starting salaries from $42,000 to $47,000. The other three major New York publishing houses — Penguin Random House, Hachette Book Group USA and Simon & Schuster — offer starting salaries between $45,000 and $50,000.
A months-long impasse without negotiations led to criticism of HarperCollins by agents, authors and others in the book community who alleged the publisher was not trying reach a deal.
HarperCollins, part of Rupert Murdoch's News Corp, agreed on Jan. 26 to talks with a federal mediator. Soon after, HarperCollins announced plans to lay off 5% of North American employees, citing declining revenues and growing costs.
veryGood! (11)
Related
- Mike Tyson vs. Jake Paul referee handled one of YouTuber's biggest fights
- Enbridge’s Kalamazoo River Oil Spill Settlement Greeted by a Flood of Criticism
- The Democrats Miss Another Chance to Actually Debate Their Positions on Climate Change
- The science that spawned fungal fears in HBO's 'The Last of Us'
- Craig Melvin replacing Hoda Kotb as 'Today' show co-anchor with Savannah Guthrie
- This $35 2-Piece Set From Amazon Will Become a Staple in Your Wardrobe
- Alleged Pentagon leaker Jack Teixeira indicted by federal grand jury
- Coal’s Steep Decline Keeps Climate Goal Within Reach, Report Says
- Stock market today: Asian stocks decline as China stimulus plan disappoints markets
- Trump Makes Nary a Mention of ‘Climate Change,’ Touting America’s Fossil Fuel Future
Ranking
- What happens to Donald Trump’s criminal conviction? Here are a few ways it could go
- Americans Increasingly Say Climate Change Is Happening Now
- S Club 7 Singer Paul Cattermole’s Cause of Death Revealed
- Midwest Convenience Stores Out in Front on Electric Car Charging
- Kate Spade Outlet’s Early Black Friday Sale – Get a $259 Bag for $59 & More Epic Deals Starting at $25
- 'Dr. Lisa on the Street' busts health myths and empowers patients
- Here's why you should make a habit of having more fun
- Rob Kardashian Makes Rare Comment About Daughter Dream Kardashian
Recommendation
-
FC Cincinnati player Marco Angulo dies at 22 after injuries from October crash
-
Ulta's New The Little Mermaid Collection Has the Cutest Beauty Gadgets & Gizmos
-
San Diego, Calif’s No. 1 ‘Solar City,’ Pushes Into Wind Power
-
Spain approves menstrual leave, teen abortion and trans laws
-
Too Hot to Handle’s Francesca Farago Gives Birth, Welcomes Twins With Jesse Sullivan
-
Biden set his 'moonshot' on cancer. Meet the doctor trying to get us there
-
Home prices drop in some parts of U.S., but home-buying struggles continue
-
West Coast dockworkers, ports reach tentative labor deal