Gray Television announced this week a new company-wide minimum wage of $18 an hour for "essentially all full-time, non-commissioned and non-contracted employees of Gray and its wholly owned subsidiaries," according to a press release. That works out to an annual salary of $37,440.
About 2,000 of the company's more than 8,000 employees will get a raise as a result of the new policy, which takes effect Oct. 1, according to the release. Since most reporters and anchors are contracted employees, and advertising reps usually get a commission on ad sales, the policy may apply mostly to support staff.
Gray says its 180 stations serve 113 markets that reach about 36 percent of U.S. households.
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