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No raises at McClatchy

Discussion in 'Journalism topics only' started by Moderator1, Aug 14, 2008.

  1. MU_was_not_so_hard

    MU_was_not_so_hard Active Member

    It's still a buyer's market. It's just that the buyees are being ultra-conservative about the purchase.
    You can't deny that newspapers have set themselves the ultimate competition for their jobs. When kids coming out of school are taking jobs for $20k a year and no benefits, and that doesn't look so bad, yeah, I'd say they are getting what they want.
     
  2. sgaleadfoot

    sgaleadfoot Member

    I was at a McClatchy paper before I escaped the business last month. Last year, we were pretty much told the most of a raise they could give us was about two percent while management got a hefty bonus for meeting some sort of goal.
     
  3. Moderator1

    Moderator1 Moderator Staff Member

    The goal was to not give you guys raises.
     
  4. Starman

    Starman Well-Known Member

    Not to mention increased employee assessments for health care, etc etc. along with boosted co-pays.
     
  5. Success!
     
  6. Giggity

    Giggity Member

    That much isn't true - I'm friends with a raise-giver at McClatchy paper. They've received them up until now, and he says he's been under no pressure to keep raises down via lower reviews.

    Still and all, fuck 'em.
     
  7. sportschick

    sportschick Active Member

    Has he gotten a raise or has he just given them out?
     
  8. luckyducky

    luckyducky Guest

    Used to love/respect McClatchy but happier every day that I lucked out. I feel for all most of my former co-workers, though, as well as other McC brethren.
     
  9. Moderator1

    Moderator1 Moderator Staff Member

    Posted for someone:

    At least one Lee paper is doing something different for raises this year, too: $1,000 raises for everybody, regardless of what you make.

    I believe there used to be a company-wide pool for raises that was to be distributed (mostly) on merit. It was up to the discretion of individual managers, so some people were known to get up to 8-9 percent increases depending on performance. (Slackers got COL increases, if that.)

    This year, it's $1K for everyone -- no exceptions. Comes out to about $5-10 a paycheck, for most. Better than nothing, I guess. Better than more layoffs, too. But still a decline from better days.
     
  10. What's especially galling about the McClatchy situation is how corporate management refuses to take any blame for their ill-advised purchase of the Knight Ridder chain. Every press release and employee memo hammers away at the economy, housing market, auto sales, classified falloff, etc. But noticeably absent in any of the finger-pointing is that corporate severely exacerbated the problem by trying to capture Knight Ridder whole, like a boa constrictor swallowing an elephant.

    Reread yesterday's announcement. There's no mention of the debt payment due at the end of the quarter. That's why people are bailing on McC in droves, taking droves outside the industry they never would have considered 1-2 years ago.

    But then if the suits admitted they made a huge mistake, they might lose their jobs. We can't have that, can we?
     
  11. Joe Williams

    Joe Williams Well-Known Member

    WFW.
     
  12. Riddick

    Riddick Active Member

    call me an idiot, but what's WFW mean?
     
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