The two-year contract extension for about 550 employees at The Honolulu Advertiser ends years of talks that included a first-ever bloggers' strike, and revealed the paper is now losing money in Hawaii's weakened tourism-based economy. A union members' vote has been scheduled for Feb. 8.In a statement yesterday, the unions' Newspaper and Printing Trades Council said: "During the extension agreement, the unions will audit the books two times each year in April and October to determine the company’s cash flow. The company must restore wages when it returns to the break-even point, which is when revenue equals expenses."
As recently as November, Gannett had sought pay cuts as high as 31%, said the competing Honolulu Star-Bulletin.
[Image: today's paper, Newseum]
Sorry about the delay in getting this post up; I meant to publish it yesterday.
ReplyDeleteAlert! To all unions; Be sure to save the details of Honolulu's agreement and use this against Gannett come contract time.
ReplyDelete12:10 are you kidding me? Use it against gannett? Use what? Gannett 10, Unions 0
ReplyDeleteYes... Use it! Believe it or not, there are newspapers within the Gannett chain that are profitable, however Gannett is cutting them just the same. Honolulu has got it in writing that if Gannett breaks even they will recoup their losses. This can be used against Gannett by all unions within the chain. No kidding.
ReplyDelete