Friday 18 December 2009

Johnston Press extends pay freeze

Johnston Press today announced it was extending its pay freeze for a further six months, HoldtheFrontPage reports. Staff at all JP titles were given 9am briefings by their managers on the decision to extend the freeze this morning.
In a statement, the company said: "In view of the continued uncertainty in advertising revenues, 2010 pay reviews will be deferred for a period of six months for all UK-based employees."
Johnston Press chief executive John Fry has expressed hopes the company will be able to award pay increases by the summer if trading conditions remain stable.

1 comment:

bath mate said...
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