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Here's some context around the provisions of the contracts these anchors frequently work under: https://twitter.com/mattdpearce/status/980800914423406592 https
by uptown 9y ago
Here's some context around the provisions of the contracts these anchors frequently work under:
https://twitter.com/mattdpearce/status/980800914423406592 https://twitter.com/mattdpearce/status/980800914423406592
https://twitter.com/mattdpearce/status/980811757726810112 https://twitter.com/mattdpearce/status/980811757726810112
Essentially, if they were to chose to leave, they'd owe 40% of their base pay prorated by the remainder of their contract, as-well as the potential requirement to return some bonuses received. Vacation days are lost, and there are typically non-competes within the same region.
- elsonrodriguez 9y agoYou have to almost admire the design of such a contract. The history behind how this spread throughout the local news industry has to be super interesting. The conspiracy theorist in me feels that the chilling effect this would have on the independence of news anchors was intentional.
- rhapsodic 9y ago>Essentially, if they were to chose to leave, they'd owe 40% of their base pay prorated by the remainder of their contract, as-well as the potential requirement to return some bonuses received. Vacation days are lost, and there are typically non-competes within the same region. That's entirely beside the point. They freely entered into those contracts. Now that push has come to shove, they chose money and personal well-being over their integrity and beliefs. (Or maybe they were OK with the message they were ordered to read, in which case their integrity is intact.)