Current:Home > StocksHarperCollins and striking union reach tentative agreement -FundSphere
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-14 13:35:09
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! (98)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Lottery, casino bill passes key vote in Alabama House
- Post-5 pm sunsets popping up around US as daylight saving time nears: Here's what to know
- Verdict in Donald Trump’s civil fraud trial expected Friday, capping busy week of court action
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Steph Curry vs. Sabrina Ionescu to face off in 3-point contest during NBA All-Star weekend
- Delay tactics and quick trips: Takeaways from two Trump case hearings in New York and Georgia
- The 2024 Met Gala Co-Chairs Will Have You on the Floor
- The Best Stocking Stuffers Under $25
- Pennsylvania mom convicted of strangling 11-year-old son, now faces life sentence
Ranking
- A South Texas lawmaker’s 15
- At least 7 Los Angeles firefighters injured in explosion, multiple in critical condition
- At least 7 Los Angeles firefighters injured in explosion, multiple in critical condition
- Super Bowl 2024 to be powered by Nevada desert solar farm, marking a historic green milestone
- Don't let hackers fool you with a 'scam
- Los Angeles firefighters injured in explosion of pressurized cylinders aboard truck
- All 58 Louisiana death row inmates with no execution date wait as bill proposes death by nitrogen gas
- Migrating animals undergo perilous journeys every year. Humans make it more dangerous
Recommendation
What to watch: O Jolie night
Before Russia’s satellite threat, there were Starfish Prime, nesting dolls and robotic arms
Ebola vaccine cuts death rates in half — even if it's given after infection
Jennifer Lopez will go on tour for the first time in five years: How to get tickets
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Kansas City shooting survivor says daughter saw Chiefs parade gunman firing and spinning in a circle
Migrating animals undergo perilous journeys every year. Humans make it more dangerous
Ex-Los Angeles police officer won’t be retried for manslaughter for fatal shooting at Costco store