Smaller lump of coal this year, Cratchit!

And a very Merry Christmas from Paddock Publications to its employees:

http://poynter.org/forum/?id=32127

As posted on Romenesko site:

Romenesko Memos
Back in July, Doug Ray told his Daily Herald (Arlington Heights, Ill.) staff that salaries would be reduced 5%, but that "we expect the 5% to be reinstated early next year." He now says the pay cut is permanent. "We had hoped for a different outcome, but we believe this is the most prudent course of action. ...This was a difficult decision, but one that hopefully will eliminate the need for another round of layoffs and other significant cost cutting." The Daily Herald -- the third-largest paper in Illinois -- is owned by Paddock Publications.

Is there really a thread on this board about raises? Raises? Hahahahahahahaha!

 

Is there anyone who really believed those "reductions" would be "reinstated"? Come on, you'd have to be really gullible to believe that. When they cut, they cut.

Regardless, this sucks for Daily Herald employees. It's a fine publication.

 

also, from what I've gathered, nothing ever eliminates the need for another round of cuts and layoffs.

 

Like Doug gives a shit. I'm sure he'll get a management bonus.

 

That's the thing. A lot of the times they do. At my first paper, publisher got a bonus of we made our profit margin, 20 percent.

So the publisher tried everything to cut corner so they could get their bonus and we knew it. And all we got were fucking Kroger coupons, and one year a fleece jacket from the company. Merry fucking Christmas.

Last paper had a wage freeze for a 1 1/2 years, I was shocked when it was lifted. I was told raises were 3 percent after my first six months then another 3 percent after my first year, then 3 percent per year after that. RIIIGGGHHHTTT!

I was quite naive about that one.