The Discretionary Time Off policy that Tribune Publishing unveiled last Thursday has been rescinded, “based on valuable input from employees.”
A Los Angeles Times employee says in an email that “a group of Times employees had been planning to sue Tribune Publishing over the new policy, which would have removed the monetary value of the vacation days that long-term staffers have accrued. Traditionally, staffers cashed those days out when they left the company.”
The CEO’s memo:
From: Jack Griffin
Date: November 21, 2014 at 7:13:35 PM PST
Subject: A Message From Jack Griffin
Last week, a Company communication went out regarding a new Discretionary Time Off policy for exempt employees. The change in policy outlined in the note created confusion and concern within the Company. The purpose of this note is to let you know that, based on valuable input from employees, the DTO policy is rescinded.
In reversing the decision, our Company is reverting back to its long-standing policy of providing a fixed amount of vacation, floating holidays and sick days per year based on level and tenure with the Company. Additionally, employees in California will continue to retain accrued and unused vacation.
As we go forward as a new Company, the management team and I will ensure that any significant changes to policy will involve better opportunity for input from many constituencies within the Company.
Thank you for your understanding and continued commitment to helping shape our new Company.