Non-union employees at Tribune Co., are getting merit raises in 2011, according to a memo obtained by Romenesko. The company is setting aside 3 percent of total compensation, to be spread amongst the employees as management sees fit.
We are not totally sure how many of Tribune Co.’s 18000 or so employees are covered by unions, but our back-of-the-envelope calculation shows that this could be a $7 or $8 million endeavor. Nice gesture when you’re totally bankrupt.
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