Nellie Andreeva, Amanda N'Duka ICM Partners has been the only major Hollywood agency to retain almost all of its staff without across-the-board salary cuts as the coronavirus pandemic brought Hollywood production to a halt. (The agency released floating assistants early in the shutdown, now in its fourth month.)Now ICM Partners is implementing a support staff reduction, letting go of about 40 assistants, who will get severance packages including at least three months of health coverage.
Along with the cuts, the company is raising the minimum pay rate for all remaining assistants to $20 an hour, effective immediately, believed to be the highest among talent agencies.
Read more on deadline.com
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