Let’s Talk About Compensation . . . Again

If you missed the last presentation of IAPE Contract 101 in May, when we explained annual pay increases and all forms of compensation, you’re in luck. A repeat of this class is scheduled for next Wednesday, July 23 at 2:00 p.m. EDT.

Contract 101 is a great way to learn more about the collective bargaining agreement between IAPE and Dow Jones, with a deep dive into different contract clauses in each class. Next week, we’ll discuss what you can expect when our 2025 pay increases are processed in August, and we’ll highlight all the ways you can use your contract to earn extra compensation. We’ll even explain how pay scales work!

Register for this class on the IAPE Events Page. And while you’re there, be sure to sign up for the next edition of IAPE 101—it’s a great introduction to IAPE for new members!

Did You File for Holiday Pay?
Among the forms of extra compensation we’ll talk about in next week’s Contract 101 class is Holiday Pay—the extra premium Dow Jones is required to pay when IAPE-represented employees work on holidays recognized by Article VIII of the collective agreement.

If you’re an IAPE member in the United States who was required to work on July 4th—or a member in Canada who had to work on July 1st—and you haven’t filed for your Holiday Pay yet, what are you waiting for?

Holiday Pay hours must be entered in Workday. Regular hours worked on a holiday are payable at 1.5X your normal rate of pay, while additional hours are payable at 2X your rate of pay. If you are required to work on a holiday falling on a day that is normally your day off, all your time must be paid at 2X your pay. The company is also required to grant an additional day off or an extra day’s pay when you work on a holiday—and for holidays after July 3 in any calendar year, you get to choose between the extra day or the extra pay.

It’s your money. File for it!

Correction
In yesterday’s member note about performance evaluations, we invited members to contact the union office with any questions about FY2025 evaluations or FY2026 goals. Unfortunately, there was an error in the email address hyperlink in the text of that note.

If you have questions about your review, your goals, or any workplace matter, you can always reach an IAPE representative by emailing union@iape1096.org.