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Editorial Staff Of Fast Company & Inc. Unanimously Ratify New WGA East Contract
13.01.2022 - 18:09 / deadline.com
The WGA East’s second contract with Fast Company and Inc. has been unanimously ratified by their 60-member editorial staffs. The two print and digital business news outlets are owned by Mansueto Ventures.
“The WGA East members at Fast Company and Inc. won a second collective bargaining agreement that successfully builds off our first union contract with Mansueto Ventures,” said Lowell Peterson, the guild’s executive director. “Thanks to a strong bargaining unit, the union was able to make significant gains in pay, benefits, parental leave, ending NDAs, and expanding the company’s commitment to diversity. The guild will continue to fight for contracts that allow journalists to build sustainable careers and protect their creative work.”
Fast Company’s staff union with the guild was voluntarily recognized by management in July 2018. The editorial and photo staff ratified their first collective bargaining agreement in June 2019. The editorial staff at Inc., along with the video, events, social, and podcast teams at Fast Company and Inc., won inclusion in the bargaining unit in May 2021.
The new three-year agreement for Fast Company and Inc. will see the salary minimum increase to $60,000 by 2023, up from $50,000 in the original contract. There will also be across the board salary minimum increases for every unit position, and an increase in the annual cost of living raises, up to 4.25%, which is up from a maximum of 3% in the last contract.
“We are thrilled to have been able to negotiate a new contract that we feel will make Mansueto Ventures a better, more equitable place to work for the next three years,” the staffers’ bargaining committee said in a statement. “We’d like to thank management for negotiating in good faith, and
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