Sunday, July 20, 2008

What to consider when you consider a buyout

Deciding whether to take a buyout, like the one offered by Journal Sentinel Inc., is a major financial decision. And we're not the only newspaper staffers facing that decision.

Chicago Tribune financial columnist Gail MarksJarvis recently offered these tips on the Web site of the Society of American Business Editors and Writers to anyone who finds themselves in that situation.

Meanwhile, the Milwaukee Newspaper Guild has been distributing information through newsroom mailboxes and holding question-and-answer sessions to help our bargaining unit's members understand the company's offer, and to talk about what could be ahead next.

If you are considering the buyout, please contact 1st Vice President Greg Pearson or another Guild representative so that we can ensure your questions are answered and your rights are protected. We will keep your names confidential.

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