Following increases in starting salaries at the other large trade publishers, Penguin Random House told employees on Tuesday that it will also raise their entry level salary on April 3, to $48,000. That “will apply to incoming and existing employees in most non-warehouse locations.” As a result, “minimum salaries for other, non-entry-level roles where minimum salaries have been established will also increase accordingly,” and “to address compression of salaries, employees at adjacent salary levels will also receive adjustments.” Second-level non-exempt roles will start at $53,000, while at the higher end senior marketing and sales managers will make at least $76,000 […]
