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Thursday, Jan. 18, 2018 12:06 am

DON’T SPEND IT ALL IN ONE PLACE

After a decade in a financial holding pattern, employees at the State Journal-Register are set to get raises. GateHouse Media, parent company to Springfield’s daily paper, is giving newsroom workers a 1-percent raise this year, starting in September, and an additional 1.75 percent raise in the fall of 2019. SJ-R employees haven’t gotten raises since GateHouse purchased the paper in 2007. In addition to raises, GateHouse has told employees that the company will freeze health insurance premiums for two years as well as out-of-pocket medical costs. The raises are coming at GateHouse papers throughout the nation, of which there is no shortage. With more than 130 daily papers in its stable, the company is one of the largest newspaper publishers in the nation. Most recently, it acquired the Boston Herald, paying a reported $5 million. “This is a positive move, but it’s not going to compensate for the years we’ve gone without,” said Dean Olsen, an SJ-R reporter who chairs the newsroom bargaining unit. “It’s a modest increase.”

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