The 32-member editorial and photo staff of the progressive business media outlet Fast Company unanimously has ratified its first collective bargaining agreement with the WGA East.
The new 2½-year contract includes minimum salaries of $50,000, annual cost-of-living increase of 3% for employees earning under $65,000 during the first year of the contract and for those making under $75,000 in the second year of the pact. The new deal means that some employees will receive 26% pay raises.
Fast Company’s “permalancers” – permanent freelancers – will become full-time employees now that the contract has been ratified, and individuals hired at a “day rate” will have the opportunity to become full time after 12 months and start at an equivalent salary/rate.
The company has also agreed to match 50% of 401k contributions – up to $2,000 – for employees with at least one year of service and earning less than $120,000.
The contract also requires management to interview at least two people from...
The new 2½-year contract includes minimum salaries of $50,000, annual cost-of-living increase of 3% for employees earning under $65,000 during the first year of the contract and for those making under $75,000 in the second year of the pact. The new deal means that some employees will receive 26% pay raises.
Fast Company’s “permalancers” – permanent freelancers – will become full-time employees now that the contract has been ratified, and individuals hired at a “day rate” will have the opportunity to become full time after 12 months and start at an equivalent salary/rate.
The company has also agreed to match 50% of 401k contributions – up to $2,000 – for employees with at least one year of service and earning less than $120,000.
The contract also requires management to interview at least two people from...
- 6/7/2019
- by David Robb
- Deadline Film + TV
The editorial, social and photo staff at business news site Fast Company has unionized with the Writers Guild of America East.
The staffers announced Wednesday that an “overwhelming” majority of the approximately 40-member staff have signed union cards and called on management to voluntarily recognize the WGA East as its collective bargaining representative. The demand for voluntary recognition was sent to Fast Company editor Stephanie Mehta and to Eric Schurenberg, CEO of owner Mansueto Ventures.
A spokesman said, “Mansueto Ventures does not have a comment at this time.”
Fast Company is the latest in a growing list of digital news sites which have unionized with the WGA East in the last three years. The union, which has around 5,000 members, currently represents about 1,300 professionals at digital news sites including Talking Points Memo, The Dodo, Thrillist, Vox Media, Onion Inc., HuffPost, Vice, The Intercept, ThinkProgress, MTV News, Salon, Slate and Gizmodo Media Group.
The staffers announced Wednesday that an “overwhelming” majority of the approximately 40-member staff have signed union cards and called on management to voluntarily recognize the WGA East as its collective bargaining representative. The demand for voluntary recognition was sent to Fast Company editor Stephanie Mehta and to Eric Schurenberg, CEO of owner Mansueto Ventures.
A spokesman said, “Mansueto Ventures does not have a comment at this time.”
Fast Company is the latest in a growing list of digital news sites which have unionized with the WGA East in the last three years. The union, which has around 5,000 members, currently represents about 1,300 professionals at digital news sites including Talking Points Memo, The Dodo, Thrillist, Vox Media, Onion Inc., HuffPost, Vice, The Intercept, ThinkProgress, MTV News, Salon, Slate and Gizmodo Media Group.
- 6/6/2018
- by Dave McNary
- Variety Film + TV
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