New York, NY – Unionized Editorial Staff at fortune have won their first contract.
The Fortune Union, which represents nearly two dozen Writers, Reporters, Producers, Editors and Artists, unanimously ratified the agreement that now covers both the remaining Print Employees carried over from Fortune’s former ownership under Time Inc., as well as the Digital Employees who organized in 2019.
“We are so excited to finally have a fair contract after a long battle,” said Sasha Rogelberg, Fortune Union’s Unit Chair. “Our Union has repeatedly come together in tough times – including after a mass layoff over the Summer reduced our Unit size by one-third – to fight for the well-being of our newsroom. The efforts to secure this contract were no exception.”
The contract includes a $4,000 signing bonus; Annual wage increases of 5% in the first year and 3% in the second and third years, overtime, and job security.
NewsGuild of New York President Susan DeCarava said: “Our Fortune Union Members refused to give up and accept less than they are worth. Because they persevered, they won a contract that boosts wages for all and lifts salaries for the lowest paid across the Union, along with important job protections like just cause. We say this all the time in our Union because it’s true: When we fight, we win.”
