> That figure is an average of $40,000 more than members of the Times’s journalist union, she said.
The journalist union should push for an increase too, then.
NYC cost of living is enormous.
The journalist union should push for an increase too, then.
NYC cost of living is enormous.
Print newspapers are essentially dead. Online news? Barely anyone pays for that. Online with ads? Reddit/twitter/facebook/youtube pay zero dollars for the content they put ads on.
If you're in tech and you want to maximise your salary - a company's gotta have money before they can give it to you. And newspapers don't have money.
https://www.nytimes.com/2024/11/04/business/media/new-york-t...
> The company’s adjusted operating profit for the quarter, which ran from July through September, rose 16.1 percent to $104.2 million, from $89.8 million a year before. Overall revenue increased 7 percent to $640.2 million, compared with the same period in 2023.
https://www.nytimes.com/2024/08/07/business/media/new-york-t...
> The company’s adjusted operating profit for the quarter, from April through June, rose to $104.7 million from $92.2 million a year before. Overall revenue increased 5.8 percent, to $625.1 million, compared with the same period in 2023.
A $40k wage gap between tech and journalism it'd be nice to close.
That's gonna be one difficult negotiation.
Even quadrupling the $18k per employee, you're still trying to get a $40k raise from an organisation with a profit of $72k per employee. That's going to be tough.
Far tougher than moving to a different job at a company with more money.
Net income seems to be healthy, too. https://www.washingtonpost.com/business/2024/11/04/earns-new...
When I was much younger, a few years out of high school, I ended up being the last developer on a sinking ship, and had asked for a pay raise to get me up to where the highest paid of the employees who had left were, IIRC that was around $5/hr, and was denied. I should have used that as an RGE, but instead just hung on until around a year later when a job fell into my lap. But the employer would have been hurting if I left, and was definitely more expensive for them to lose me than it would have to keep me. But in the end, the parent company folded a couple years later because of a very, very bad bet they made.