FT proposes two per cent pay hike for journalists and £40k minimum

Good news for journalists on the FT which is reportedly ending its year-long pay freeze.

It is proposing a two per cent pay hike from 1 January and a new minimum salary for fully qualified senior journalists of £40,000.

FT managing editor Dan Bogler told staff in a memo reported by The Guardian: “It balances a decent reward for everyone’s efforts with a need to be careful about how we increase our fixed costs.”

The deal will now have to go the paper’s NUJ chapel for approval.

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