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Gannett confirms end to wage freeze
Gannettoid.com | email@example.com | Posted: March 1, 2010 • Morning report
Gannett newspaper division president Bob Dickey confirmed in a memo today the company will lift its wage freeze April 1.
The freeze was imposed April 1, 2009 and said to be for 12 months. There had been growing concern the company would extend the freeze, but a Jan. 12 Gannettoid.com report cited company sources saying the freeze would be lifted as scheduled.
Today's memo is the first official confirmation on the topic from the company.
McClatchy, which began its own wage freeze in September 2008, announced in December that its cutback would end at different times for employees of its 30 daily newspapers at different times, depending on "financial performance and challenges at each individual paper."
Here is the memo:
March 1, 2010
To: All US Community Publishing employees
From: Bob Dickey
I am very pleased to let you know that we are lifting the USCP wage freeze, effective April 1.
Thanks to the outstanding efforts across our division, we have been able to continue restructuring our costs, improve our revenue trends and are tracking as we hoped for the first quarter.
Going forward, we will get back into the normal review cycle where people will be eligible for raises based, as always, on performance and contributions to the overall organization.
You all have done a great job getting us off to a very good start this year and I sincerely thank you for all of your support and hard work. As always, please feel free to email me with any questions or ideas about our business. My email is address is firstname.lastname@example.org.