January 9, 2009
DJ Wage Freeze
Dow Jones has announced plans to impose a one-year wage freeze — THIS DOES NOT INCLUDE IAPE-REPRESENTED EMPLOYEES.
The Company cannot unilaterally change the contract — and our contract provides for a 3% wage increase effective February 1, 2009, (in addition to a cost of living adjustment, based on the inflation numbers for 2008).
As always, if you need anything, let us know.