Last year the staff at the Orange County Register took a pay cut I've heard was 5%. They have apparently been getting some of it back in recent quarters, but now comes a nice-sized boost for fulltimers. The editor's memo says the hard time aren't over, but that things are looking up:

From: Ken Brusic
Sent: Wednesday, March 10, 2010 3:44 PM
To: Newsroom Assoc_OCR
Subject: Good News

Hard work does pay off. In this case, $1,377 for every full time associate, and half that for part time workers.

You will see this additional amount in this week’s pay. It comes to us courtesy of the company’s Pay for Performance program. It is the 4th quarter payout, recognizing the company’s strong efforts in achieving its 2009 financial goals.

More after the jump.

I’ve attached a letter from Publisher Terry Horne who expresses his gratitude for your accomplishments. I offer my own thanks. We not only made money, but we provided a powerful service to our community. Despite the brutal economy, we persevered. Our journalism informed, enlightened and engaged our readers online and in print. And we did it, for the most part, with a spirit of collaboration, hard work and good will.

The tough times aren’t over. The economy is still rocky. Revenue is still a concern. But our journalistic purpose and mission are as strong as ever. And this time, we have a piece of good news to take home and share with our families. It is a privilege to work with you.

-- Ken

> | More
© 2003-2010   •  About LA Observed  •  Email the editor
Follow LAO
Kevin Roderick blog
1:42 PM Thu | It turns out that the property tax add-ons levied by the City of Bell have its residents paying a higher rate than in any local city but Industry.
Mark Lacter, LA Biz Observed
3:15 PM Thu | More and more experts are saying that the Gulf Coast mess isn't turning out to be nearly the disaster that everybody had thought.
2:43 PM Thu | Traffic gains at LAX
Sponsors
Jewish Journal logo
California Wellness Foundation
For information on becoming a sponsor, email the editor.
Sign up for email

Enter your email address:

Delivered by FeedBurner


Get RSS Feeds
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.




Add to Google