Comments on: GateHouse reverses pay cuts

By: Gatehouse Media New England rescinds pay cuts « Inflation Watch

Gatehouse Media New England rescinds pay cuts « Inflation Watch — Wed, 21 Oct 2009 11:33:03 +0000

[...] steps of General Motors, Advanced Micro Devices, and American Express, Gatehouse Media New England said it is rescinding pay cuts it had implemented earlier this [...]

By: Newshound

Newshound — Sun, 18 Oct 2009 17:01:50 +0000

I.M Happy – nice to hear – count your well deserved blessings.

By: I.M.Happy

I.M.Happy — Sat, 17 Oct 2009 22:08:17 +0000

to insidernegot, the weeklies are printed in house, not by the globe.
to newshound, we’ll be back at the pay scale we were at before the cut and many of us are very happy about it.

By: newshound

newshound — Sat, 17 Oct 2009 20:35:44 +0000

Local editor – noticed the same but didn’t want to be technically picky – however, would it be that you are now receiving last year’s pay scale as the revived pay?

This week’s headline in BusinessWeek magazine: “What happens if the dollar crashes.” Oh my God, what a thought! It is frightening, and worse, likely.

Just think of the taxes you’ll save this year with a smaller W-2 due to the summer cut in pay to help keep the GHS lenders from pushing your newspaper into more stable-financial ownership. Yes, the employees did pay for this to their own detriment and without choice. At least you’re in the 85% with a job and in the 40% that really has to work at it to earn every last dime, and then some, that you’re paid.

By: Local Editor

Local Editor — Sat, 17 Oct 2009 18:54:51 +0000

Raise? Our pay is just going back to where it’s supposed to be.

By: InsiderNegot

InsiderNegot — Sat, 17 Oct 2009 15:44:56 +0000

Hound and Recon:

The GatehHouse debt load is huge, but GateHouse New England has relatively few employees. They outsource their printing, to the Globe BTW, and the raise was probably something that was either under consideration and was just moved up or was something that at little cost they could get some extra publicity on.

By: recon

recon — Sat, 17 Oct 2009 14:41:42 +0000

how about the huge GHM debt load?

By: Newshound

Newshound — Sat, 17 Oct 2009 14:37:28 +0000

InsiderNegot – You’re can’t possibly be implying this is an emotionally driven reaction and response instead of purely financial?

My goodness, how could anyone ever be so cynical!

Anyway, whatever the motivation, this is good for GateHouse employees, spirit and morale, along with their personal finances – and of course why shouldn’t they be paid a decent wage for a decent, dedicated day’s work.

GateHouse can’t possibly lose worse by not cheating employees, even if we can be suspicious of the timing of this event.

By: InsiderNegot

InsiderNegot — Sat, 17 Oct 2009 14:18:17 +0000

Rick Daniels, former Globe President. Timing is everything!

By: Newshound

Newshound — Sat, 17 Oct 2009 11:00:34 +0000

If this company survives employees deserve to be rewarded before stockholders.