Current:Home > InvestHarperCollins and striking union reach tentative agreement -Mastery Money Tools
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-11 14:43:15
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! (7)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- GM email asks for salaried workers to cross picket lines, work parts distribution centers
- National Cathedral replaces windows honoring Confederacy with stained-glass homage to racial justice
- Summer 2023 ends: Hotter summers are coming and could bring outdoor work bans, bumpy roads
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Three dead in targeted shooting across the street from Atlanta mall, police say
- Africa’s rhino population rebounds for 1st time in a decade, new figures show
- Colombia’s presidential office manipulates video of President Petro at UN to hype applause
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Booking a COVID-19 vaccine? Some are reporting canceled appointments or insurance issues
Ranking
- New data highlights 'achievement gap' for students in the US
- Amazon Prime Video will cost you more starting in 2024 if you want to watch without ads
- 20,000 Toyota Tundras have been recalled. Check if your vehicle is impacted
- EPA Approves Permit for Controversial Fracking Disposal Well in Pennsylvania
- Trump issues order to ban transgender troops from serving openly in the military
- Casa De La Cultura showcases Latin-x art in celebration of Hispanic Heritage Month
- Virginia shooting leaves 4 kids, 1 adult injured: Police
- Casa De La Cultura showcases Latin-x art in celebration of Hispanic Heritage Month
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Summer 2023 ends: Hotter summers are coming and could bring outdoor work bans, bumpy roads
Tarek El Moussa Is Getting Candid on “Very Public” Divorce From Christina Hall
2 dead, 2 hurt following early morning shooting at Oahu boat harbor
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
20,000 Toyota Tundras have been recalled. Check if your vehicle is impacted
Judge sides with ACLU, orders Albuquerque to pause removal of homeless people’s belongings
20,000 Toyota Tundras have been recalled. Check if your vehicle is impacted