Pay cut for Post-Dispatch non-union employees

Memo to St. Louis Post-Dispatch employees

From: STL PD Comm
Sent: Thu 5/7/2009 1:47 PM
To: STL All Local Users
Subject: Announcement

Dear Colleagues,

While we remain the leader in providing the best and most comprehensive local news, information and advertising in our region, the national recession continues to negatively impact our revenue and makes it necessary to further reduce expenses.

For that reason, all non-represented employees will take a temporary pay reduction equivalent to one week of their current annual base pay. It will be deducted over the remaining payroll periods between June and September 27. In return, each employee will be granted five additional days off to be used between June and September 27. The days may be taken off incrementally throughout these months with the approval of the employee's supervisor. Please see your immediate supervisor or Astrid Garcia in Human Resources with any questions.

I deeply regret the need to take this action and understand the burden you take as a result. I am confident that we will come out of this downturn strong.

Kevin Mowbray

SOURCE: Romenesko