Macmillan Publishers will increase its entry-level base salary to $47,500, effective April 1. Additional adjustments will be made to current salary bands to reflect this change. The previous starting salary was $42,000.
The change comes on the heels of Hachette Book Group's announcement last week that it will increase its entry-level starting salary in New York City and other "high-cost office locations" to $47,500.
HarperCollins and Penguin Random House have starting salaries of $45,000, while Simon & Schuster's base salary rate is $50,000.
The 250 members of the HarperCollins union have been on strike since November 10 demanding that the Murdoch owned company raise its minimum starting salary from $45,000 to $50,000; address the lack of diversity in its workforce; and provide more security for unionized workers. HarperCollins is the only major book publisher in the U.S. to be unionized.
The change comes on the heels of Hachette Book Group's announcement last week that it will increase its entry-level starting salary in New York City and other "high-cost office locations" to $47,500.
HarperCollins and Penguin Random House have starting salaries of $45,000, while Simon & Schuster's base salary rate is $50,000.
The 250 members of the HarperCollins union have been on strike since November 10 demanding that the Murdoch owned company raise its minimum starting salary from $45,000 to $50,000; address the lack of diversity in its workforce; and provide more security for unionized workers. HarperCollins is the only major book publisher in the U.S. to be unionized.
