Newsroom employees and other members of The NewsGuild of New York say they are fed up with bargaining that has dragged on since their last contract expired in March 2021.
In one breakthrough that both sides called significant, the company backed off its proposal to replace the existing adjustable pension plan with an enhanced 401 retirement plan. The Times offered instead to let the union choose between the two. The company also agreed to expand fertility treatment benefits.
Levy said the company has also offered to raise wages by 5.5% upon ratification of the contract, followed by 3% increases in 2023 and 2024. That would be an increase from the 2.2% annual increases in the expired contract. Cowley said the union is seeing 10% pay raises at ratification, which she said would make up for the pay raises not received over the past two years.
She also said the union wants the contract to guarantee employees the option to work remotely some of the time, if their roles allow for it, but the company wants right to recall workers to the office full time. Cowley said the Times has required its staff to be in office three days a week but many have been showing up fewer days in an informal protest.
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