The National Union of Journalists claims that Thomson Reuters’ buoyant profits, announced yesterday, show it has the cash to pay its UK-based journalists more.
The NUJ is in dispute with the news agency over a 1.25 per cent across the board pay rise (with another 1.25 per cent linked to performance) and over plans to change many journalists from working a nine-day-fortnight to a 10-day one.
NUJ head of publishing Barry Fitzpatrick said: “Our members find it pretty hard to understand why a company taking increased revenues of $13.4 billion is trying to force through these changes without listening to its journalists’ concerns.
“They’ll also be asking why the 19 per cent increase in profits isn’t being reflected in management’s across-the-board 1.25 per cent pay offer.”
Journalists are to decide on Thursday whether or not to hold a strike ballot.
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