Current:Home > StocksHarperCollins and striking union reach tentative agreement -MoneyFlow Academy
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-12 13:22:52
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! (39792)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Massive emergency alert test scheduled to hit your phone on Wednesday. Here's what to know.
- See Taylor Swift Bond With Travis Kelce’s Mom During Sweet Moment at Chiefs Game
- Russ Francis, former Patriots, 49ers tight end, killed in plane crash
- Sonya Massey's father decries possible release of former deputy charged with her death
- Buffalo Bills make major statement by routing red-hot Miami Dolphins
- Buffalo Bills make major statement by routing red-hot Miami Dolphins
- Russ Francis, former Patriots, 49ers tight end, killed in plane crash
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Deputy wounded, man killed in gunfire exchange during Knoxville domestic disturbance call
Ranking
- Trump's 'stop
- Disney+ is cracking down on password sharing in Canada. Is the US next?
- The military is turning to microgrids to fight global threats — and global warming
- Chiefs vs Jets Sunday Night Football highlights: Kansas City wins, Taylor Swift celebrates
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Simone Biles inspires millions of girls. Now one is going to worlds with her
- Spain’s king begins a new round of talks in search of a candidate to form government
- Disgruntled WR Chase Claypool won't return to Bears this week
Recommendation
Trump wants to turn the clock on daylight saving time
Full transcript of Face the Nation, Oct. 1, 2023
2023 New York Film Festival opens with Natalie Portman-Julianne Moore spellbinder May December
Family using metal detector to look for lost earring instead finds treasures from Viking-era burial
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Patrick Mahomes overcomes uncharacteristic night to propel Chiefs to close win vs. Jets
Typhoon Koinu strengthens as it moves toward Taiwan
A woman riding a lawnmower is struck and killed by the wing of an airplane in Oklahoma