Current:Home > FinanceHarperCollins and striking union reach tentative agreement-LoTradeCoin
HarperCollins and striking union reach tentative agreement
View Date:2025-01-11 10:34:33
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! (26152)
Related
- Cameron Brink set to make Sports Illustrated Swimsuit debut
- How to save for retirement with $1 million in the bank by age 62
- Indiana parents asking U.S. Supreme Court to take case involving custody of trans teen
- The newest season of Curb Your Enthusiasm will be the show's last: I bid you farewell
- Tony Hinchcliffe refuses to apologize after calling Puerto Rico 'garbage' at Trump rally
- Apple settles Family Sharing plan lawsuit for $25 million. See if you're eligible for payout
- The 18 Hap-Hap-Happiest Secrets About Christmas Vacation Revealed
- Unpacking the Royal Drama in The Crown Season 6: Fact vs. Fiction
- Mike Tyson has lived a wild life. These 10 big moments have defined his career
- You'll Burn for This Update on Bridgerton Season 3
Ranking
- Kim Kardashian Says She's Raising Her and Kanye West's 4 Kids By Herself
- The FDA is investigating whether lead in applesauce pouches was deliberately added
- Jared Goff throws 5 TD passes as NFC North-leading Lions bounce back, beat Broncos 42-17
- Serbia’s populists look to further tighten grip on power in tense election
- Dozens indicted over NYC gang warfare that led to the deaths of four bystanders
- Fast fashion feud: Temu accuses rival Shein for 'mafia-style intimidation' in lawsuit
- There's still time (barely) to consolidate student loans for a shot at debt forgiveness
- Federal judge warns of Jan. 6 case backlog as Supreme Court weighs key obstruction statute
Recommendation
-
Paraguay vs. Argentina live updates: Watch Messi play World Cup qualifying match tonight
-
Jungle between Colombia and Panama becomes highway for hundreds of thousands from around the world
-
Prince Harry and Duchess Meghan release their 2023 holiday card: What's inside
-
A Black woman miscarried at home and was charged for it. It shows the perils of pregnancy post-Roe
-
Sister Wives’ Madison Brush Details Why She Went “No Contact” With Dad Kody Brown
-
There's still time (barely) to consolidate student loans for a shot at debt forgiveness
-
Latino Democrats shift from quiet concern to open opposition to Biden’s concessions in border talks
-
Hypothetical situations or real-life medical tragedies? A judge weighs an Idaho abortion ban lawsuit