Current:Home > StocksHarperCollins and striking union reach tentative agreement -VitalWealth Strategies
HarperCollins and striking union reach tentative agreement
View
Date:2025-04-13 17:05:43
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! (1)
Related
- Sam Taylor
- 'Barbie' is the only billion-dollar blockbuster solely directed by a woman
- Andrew Tate, influencer facing rape and trafficking charges in Romania, released from house arrest
- Stock market today: Asian benchmarks mostly slip after Wall Street’s losing week
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Liberty University freshman offensive lineman Tajh Boyd dies at age 19
- Southwest employee accused white mom of trafficking her Black daughter, lawsuit says
- WWE SummerSlam takeaways: Tribal Combat has odd twist, Iyo Sky and Damage CTRL on top
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Maralee Nichols Shares Glimpse Inside Farm Trip With Her and Tristan Thompson’s Son Theo
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Police kill a burglary suspect in Lancaster after officers say he pointed a gun at them
- DeSantis’ retaliation against Disney hurts Florida, former governors and lawmakers say
- Jamie Foxx apologizes after post interpreted as antisemitic: 'That was never my intent'
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Officials approve $990K settlement with utility in 2019 blast that leveled home, injured 5
- Paris Hilton Shares Why She's Sliving Her Best Life With Husband Carter Reum
- Woman found dead on Phoenix-area hike, authorities say it may be heat related
Recommendation
The Best Stocking Stuffers Under $25
Tory Lanez to be sentenced for shooting Megan Thee Stallion
Messi sparkles again on free kick with tying goal, Inter Miami beats FC Dallas in shootout
Queen Latifah, Chuck D and more rap legends on ‘Rapper’s Delight’ and their early hip-hop influences
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Possible explosion at Sherwin-Williams plant in Texas, police say
Coco Gauff defeats Maria Sakkari in DC Open final for her fourth WTA singles title
Nightengale's Notebook: Cardinals' Adam Wainwright chases milestone in final season