NEW YORK (Reuters) - Thomson Reuters Corp. has reached an agreement in principle for a new contract with the New York Newspaper Guild Friday, opening as the way to end a battle of more than two years of salary and health benefits.
The preliminary agreement is for a three-year contract that includes a cash settlement of $ 7.6 million for the union, guaranteed annual salary increased 1.5%, a limit on the costs of health care and a new policy of social media.
The agreement was negotiated under a new management team, headed by the editor-in-Chief, Stephen Adler, who took the top work at Reuters News in February.
Chief negotiator of the Directorate was former General Counsel of Wall Street Journal Stuart Karle, who has been appointed COO at Reuters News earlier this month.
The agreement signed after a 21-hour negotiation session ended Friday morning, hours before the National Labor Relations Board was set to issue a complaint against Thomson Reuters on issues including pay and social freedom of expression on social networking sites such as Twitter.
Both sides have asked the Commission to work for a time limit for the filing of the complaint. The union said it will ask the Commission to work to drop all charges if the new contract is ratified.
"Much credit for this settlement can be reached at relatively short maturity must go to the new direction of the writing team," New York Newspaper Guild President Bill O'Meara said.
"We are very optimistic that we can have a better relationship with Thomson Reuters to move forward.". This regulation, I think that will help prepare the ground for that. ?
The editorial team more than 400 on the Thomson Reuters United States owned by the Newspaper Guild have worked without a contract since the beginning of 2009. The company employs approximately 2,900 journalists among its global workforce of 55,000.
The preliminary agreement comes to news organizations are facing economic challenges without precedent, with drops steep advertising revenue and of individuals with regard to the Web for news.
"I'm here to try to focus on journalism excellence and people doing journalism in the United States are the Guild and I think that we should all be able to move beyond this and focus on the great work"Adler has said in an interview. "
On Thursday, Thomson Reuters has reported that its turnover in the first quarter increased by 5% to $ 3.2 billion. Back to the company media companies, including Reuters News, has increased from 1% to $ 82 million.
No comments:
Post a Comment