Posts tagged merit raises
Insider Reaches Strike Resolution With $65,000 Minimum Salary
June 15, 2023 // Kayla Cobb Wed, June 14, 2023 at 2:14 PM CDT·3 min read Insider and its union have reached a resolution. “We have a tentative agreement on a contract that will give our members more money and job protections and resolve our ULP,” a tweet from the Insider Union account reads. The strike is now over and workers will return to the office tomorrow. “Insider is pleased to have reached an agreement with its newsroom union on a Collective Bargaining Agreement. The CBA formalizes many of the company’s existing practices, policies and benefits, including top of the market competitive pay, freedom to work from anywhere in the U.S., 16 weeks of parental leave and many successful DEI initiatives. With this contract, we will continue to offer pay and benefits at the high-end of our industry,” a spokesperson for Insider told TheWrap. This tentative agreement on a new contract includes a $65,000 minimum salary for employees, on par with such publications as The New York Times. It also includes a just cause clause, a layoff moratorium through the end of the year, raises of over 10% during the term of the contract and over $400,000 in healthcare reimbursements. It also includes $2,200 in tax-free cash for employees to spend on mental health and prescriptions as well as a revised raise structure.