Current:Home > ScamsHarperCollins and striking union reach tentative agreement -Core Financial Strategies
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-19 12:36:05
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! (269)
Related
- South Korean president's party divided over defiant martial law speech
- Orlando city commissioner charged with spending 96-year-old woman’s money on a home, personal items
- Writer Percival Everett: In ownership of language there resides great power
- 2024 Masters field: Jon Rahm, Scottie Scheffler, Tiger Woods lead loaded group
- Global Warming Set the Stage for Los Angeles Fires
- Bus driver accused of stalking boy, 8, sentenced to nine years in prison
- 4 prison guards in custody for allegedly helping 5 escape county jail
- Mississippi Senate passes trimmed Medicaid expansion and sends bill back to the House
- A South Texas lawmaker’s 15
- North Carolina military affairs secretary stepping down, with ex-legislator as successor
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 2024 MLB Opening Day: Brilliant sights and sounds as baseball celebrates new season
- Stock market today: Asian shares are mostly higher after another set of Wall St records
- Solar eclipse warnings pile up: Watch out for danger in the sky, on the ground on April 8
- Senate begins final push to expand Social Security benefits for millions of people
- Tish Cyrus Shares She's Dealing With Issues in Dominic Purcell Marriage
- Women's March Madness Sweet 16 Friday schedule, picks: South Carolina, Texas in action
- Rise in taxable value of homes in Georgia would be capped if voters approve
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
ASTRO COIN:Bitcoin will skyrocket
Baltimore bridge collapse is port's version of global pandemic: It's almost scary how quiet it is
ASTRO COIN: Bitcoin Spot ETF Approved, A Boon for Cryptocurrency
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
CLFCOIN: Gold and Bitcoin hit new highs
U.S. midfielder Korbin Albert apologizes for sharing ‘insensitive and hurtful’ social media posts
House to send Mayorkas impeachment articles to Senate on April 10, teeing up clash over trial