August 8, 2014
The Results Are In!
IAPE - Dow Jones Contract Ratified
IAPE members at Dow Jones locations across North America have voted to accept an extension of their previous contract through June 30, 2015.
With more than 96% of ballots cast in favor of the extension, IAPE members opted to approve a deal that will preserve all current terms and conditions of employment for another year and increase wages by no less than 2% for Union-represented employees.
Introductory pay scales will increase by 1% and the minimum-dollar pay increase for full-time employees will be set at $20 per week.
The ratification vote was open to all Dow Jones employees covered by this contract who were members in good standing as of July 15, 2014. The election was administered by TrueBallot Inc.
While 1,301 members were eligible to vote, only 465 ballots were cast before today's 12:00 PM EDT deadline, with a final tally of 448 votes in favor of the extension, and 17 opposed to the deal.
IAPE-represented employees in the Dow Jones payroll department will now begin the task of processing pay increases for Union-represented employees, retroactive to July 1, 2014. The Union and the Company hope that all new rates of pay will be in place by the end of September.
Once done, IAPE officials will begin double-checking pay increases for all IAPE-represented employees to make sure all 2014 raises have been properly calculated.
IAPE and Dow Jones representatives will return to the bargaining table early next year to negotiate a replacement for this extension.
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The following is the text of today's Election Committee announcement to IAPE-represented employees
To all IAPE-represented employees at Dow Jones (not including the Bowling Green, OH production bargaining unit):
The IAPE Election Committee has been informed by TrueBallot Inc. that a majority of eligible voters have voted to accept the 2014-15 IAPE/Dow Jones contract extension. The Committee declares the IAPE/Dow Jones contract ratified.
Of 1,301 eligible voters, 465 cast ballots for a return rate of 35.74%.
448 — or 96.34% of those who voted — selected "Yes/Approve."
17 — 3.66% — voted "No/Reject."
This notice (and other relevant information) will be posted on the IAPE website, www.iape1096.org, as soon as possible.
The IAPE Election Committee