After two years of negotiations, the New York Times Guild has reached a tentative agreement with the New York Times. The deal, if ratified, will raise the median salary of a NewsGuild member to $136,220 and to $160,011 for reporters and correspondents in the union.
The agreement includes an overall 18.4% increase in salary, new job categories for reporters and editors, and doubling of fertility benefits to $50,000. The New York Times will also allocate more than $100 million in new spending for NewsGuild members.
The union, which is part of the NewsGuild of New York, represents journalists, as well as ad sales workers, comment moderators, security guards and staffers at The Times Center. In December, more than 1,100 union employees at the newspaper had participated in a 24-hour walkout after failing to reach a contract with the company.
The new agreement is a major victory for the New York Times Guild and its members, who have been fighting for better wages and benefits for years.