Contract Trivia: When can Negotiations Begin?
/Also, scroll below to tell us how you feel about your retirement savings!
Congratulations to Barron’s staffer Nicholas Jasinski, this week’s winner of our 2023 trivia contest and a $50 prize. Nicholas was one of several IAPE members who knew the daily non-weekend, non-holiday standby pay rate for overtime-exempt employees is $51 (see Article III – Job Classification and Wages, Section I.2).
Today marks 120 days until June 30, 2023, the expiration date for the IAPE/DJ contract. While it would be wonderful if we could sit down with the company and begin negotiations for a new agreement now, the contract actually defines when we can expect to begin bargaining. So, this week, we’d like to know:
How many days prior to the expiration of the contract can the union or the company institute negotiations to renew, modify or extend the agreement?
Think you know the answer? Email union@iape1096.org and let us know. Not sure? Scroll through our contract posted on the IAPE website to find the relevant section. Members in good standing* will have one week to find the answer within the current collective agreement between IAPE and Dow Jones, and email that answer back to us. Next Friday, one winner will be selected at random from all the correct responses, and that winning member will receive a $50 prize from IAPE.
IAPE Contract Survey: Retirement Savings
Since negotiations are set to begin later this year, we are continuing to compile survey responses from IAPE members. This week, we would love you to tell us how you feel about your retirement savings. You can find a link to today’s survey in your email.
The retirement savings plan has remained relatively unchanged since IAPE and Dow Jones reached agreement on its current format in 2010, except for the addition of a Roth post-tax contribution option in recent years. If there is something you would like to see changed in the current plan, please let us know!
Note to members in Canada: today’s survey is specific to employees participating in the 401(k) program in the United States. If you have questions, concerns or suggestions for your Registered Retirement Savings Plan, please send us a note.
We are still compiling responses to last week’s survey on Dow Jones performance evaluations. Watch your email next week for those results.
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*The IAPE contract trivia question is a weekly contest for members of the IAPE/DJ bargaining unit in the United States and Canada, working under the terms of the collective agreement between Dow Jones & Company Inc. and the Independent Association of Publishers’ Employees (IAPE) TNG/CWA Local 1096, AFL-CIO,CLC, in effect from July 1, 2022 – June 30, 2023. IAPE officers, IAPE directors, IAPE staff, fee-paying non-members and non-members in right-to-work states (or new employees not yet paying dues to IAPE) are not eligible for prizes. Contest period lasts through 11:59 PM Eastern Time each Thursday. On Friday, one winner will be selected from the previous week’s correct answers by a random drawing. Winners are limited to one gift card prize every thirty days.
