Conde doesn't barter or go below rate cards. It's a company policy...which is why comparisons to other companies makes no sense. Time Inc., Hearst, Rodale, and Meredith all have one rate on their cards and negotiate, negotiate, negotiate. Not so at Conde, not when I worked there and probably not ever, unless you know something I don't.
@doctorsnowy: Conde will not go off rate card--that's a religion there, and going off the rate card will hurt profits, not help them. Conde will cut headcount and frequency along with T&E.
@doctorsnowy: What are rate cards? Assuming that refers to like, ad page rates on the income side and not hotel/travel rates on the expense side, but just checking! THE MORE I WANT TO KNOW!
I don't know about the "less freelancers" part. It seems that freelancers are being used even more now for when things get busy as opposed to paying people to be there all the time.
@Cheap Shot: No, because there are fewer pages and on those few pages, fewer actual stories and more packaged things that are done in-house. Also, freelancers are being paid less, and it is taking them forever to get paid, even more than usual.
Even one of the weird secret perks to writing for a CNP publications is gone: You now have to chase down the dribs and drabs of cash you get from foreign reprints that they used to collect for you. Hours and hours spent sending faxes and emails to Poland and Greece, getting things notarized and filling out crazy tax forms.
@triplethreat: Yup. I had to send a ton of info to South Africa for a $40 royalty check from South Africa GQ. It's like CN has turned to Nigerian lottery spam to bridge the gap or something.
The trouble with tearing down the profligate is the fact that you also tear down any chance you might have ever had to become one of them. Yeah, lottery tickets are a bad bet, but at least there were those three minutes of fantasy...
@Unsolicited Advice: At least the lottery is supported by millions of people, dreaming. Conde was supported by a couple o' Newhouses, self-aggrandizing.
But just look at how well adjusted Graydon and Anna look! It's as if they've learned a valuable lesson about how money can't buy you happiness! Or a haircut not 20 years out of date!
@RollsRoyceRevenge: or as if they have amassed such splendid shining piles of gold that even the threat of getting not quite as much more as they are used to is okay
One word of advice to long-term Conde Naste employees who get fired: threaten to sue (for age discrimination, etc.) if they don't double whatever they initially offer you as severance pay. Most big companies will immediately jack up their severance pay in response to this kind of a threat (but will make you sign a waiver of liability)
But at a large business like Conde Naste the people who will be providing recommendations are a completely different group of people who dole out the severance pay....and the people who recommend you probably hate the higher ups as much as you do.
I know several people who doubled their severance pay by threatening to hire a lawyer. It really works.
@Oryx Hearts Crake: I have been through more than one down sizing. Suing is not recommended when one is let go as part of a group. And most big companies will ignore this type of threat because they have in-house corporate counsel to fight any attempt at a lawsuit. Most employees, however, do not have a lawyer already in their employ.
Could be dicey; I wouldn't assume a complete separation of Church and State. But I do know someone who was let go at a large media company for whom that apparently worked.
@Oryx Hearts Crake: Trust me, Conde can ride out just about any suit you might throw at them unless you are talking about forming a class action suit, and layoffs there are so broad-based that an age discrimination suit just won't work. Also, if you do sue and you need a reference, your boss is going to be very careful about saying anything good about you if he or she knows there is a lawsuit going on. Remember, too, that it seems like Conde is letting departmental managers determine how cuts are made, so if your boss likes you well enough (but not enough to keep you) you could wind up with more severance, outplacement, and paid up COBRA. You could at least try asking for that stuff.
Another way to read this is that Conde Nast is putting 25% cuts on the worst of its magazines (Details, Glamour, Courmet and Teen Vogue). Traveler has enough stories in its lineup to run for a year without hiring a single freelancer. Saving the New Yorker shows that they are interested in keeping magazines with good content alive (how sensible!). So the news for the these five may be different for WIRED, GQ, and Vanity Fair who still run well researched pieces and for Vogue which is, well, Vogue.
They paid for political cover, not original ideas. Assuming that CN management has a collective brain, they knew they had to cut back -- and probably had some strong opinions about where and how to do that. Bringing in McK just gives them a political out, which (although lame in the extreme) is what spineless executives deploy in lean times. What an utter clusterfuck this is.
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@Tattertotter: Better late than never?
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@Tattertotter: My second attempt at posting the *full* image failed, unfortunately. You can see it by clicking on the following link, however:
[i34.tinypic.com]
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Even one of the weird secret perks to writing for a CNP publications is gone: You now have to chase down the dribs and drabs of cash you get from foreign reprints that they used to collect for you. Hours and hours spent sending faxes and emails to Poland and Greece, getting things notarized and filling out crazy tax forms.
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Suddenly, it all makes sense.
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But at a large business like Conde Naste the people who will be providing recommendations are a completely different group of people who dole out the severance pay....and the people who recommend you probably hate the higher ups as much as you do.
I know several people who doubled their severance pay by threatening to hire a lawyer. It really works.
09/23/09
09/23/09
Could be dicey; I wouldn't assume a complete separation of Church and State. But I do know someone who was let go at a large media company for whom that apparently worked.
09/23/09
Incidentally, being age-discrimination-suit eligible is why many over 40 people are terrified they're not going to get hired again.
Law, can't live with it, can't always enforce it.
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