New York Times Reaches Contract Deal With Union
The New York Times reached a deal on Tuesday for a new contract with the union representing the majority of its newsroom employees, ending more than two years of contentious negotiations that included a 24-hour strike.
The agreement, if ratified, will give union members immediate salary increases of up to 12.5 percent to cover the last two years and 2023, and will raise the required minimum salary to $65,000, up from about $37,500. The previous contract expired in March 2021, and union members have not received contractual raises since 2020.
Under the contract, the median salary for reporters in the union would be about $160,000.
The union negotiating the deal, which is part of the NewsGuild of New York, represents nearly 1,500 employees in the newsroom, advertising and other areas of the company. More than 1,800 people work in The Times’s newsroom.
The union said members would vote to ratify the five-year deal in the coming week.
“This deal is a victory for all the union members who fought for a fair contract that rewards our hard work and sacrifice,” Bill Baker, The New York Times Guild’s unit chair, said in a statement. “It shows that the company cannot take us for granted and must be held accountable.”
Source: The New York Times
