Current:Home > FinanceHarperCollins and striking union reach tentative agreement -Clarity Finance Guides
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-16 06:39:57
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! (658)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 1 dead and 5 injured, including a police officer, after shooting near Indianapolis bar
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Use the Force
- Louisiana man held in shooting death of Georgia man on Greyhound bus in Mississippi
- The company planning a successor to Concorde makes its first supersonic test
- After tumultuous 5 years for Boeing, CEO will depart as part of broader company leadership shakeup
- Katie Couric Is a Grandma as Daughter Ellie Welcomes First Baby
- Former House Speaker Kevin McCarthy: Do not be fearful of a motion to vacate
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- This women's sports bar is a game changer in sports entertainment
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Fareed Zakaria decries the anti-Americanism in America's politics today
- Riley Strain: Preliminary autopsy results reveal death to be 'accidental,' police say
- Maple syrup from New Jersey: You got a problem with that?
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- King Charles, Princess Kate have cancer. How will Prince William cope moving forward?
- Aluminum company says preferred site for new smelter is a region of Kentucky hit hard by job losses
- Ex-NBA guard Ben Gordon, arrested for juice shop disturbance, gets program that could erase charges
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Chiefs' Andy Reid steers clear of dynasty talk with potential three-peat on horizon
Jim Harbaugh: J.J. McCarthy's killer instinct, kind heart make him best QB in 2024 NFL draft
Dark circles under your eyes? Here's how to get rid of them
Average rate on 30
Duke dominates James Madison behind freshman Jared McCain and looks poised for March Madness run
Elizabeth Berkley gets emotional at screening of cult classic 'Showgirls': 'Look at us now'
Ex-NBA guard Ben Gordon, arrested for juice shop disturbance, gets program that could erase charges