The New York Times newspaper is still struggling to make ends meet, but just managed to raise the salaries of their web staff by an average of 12 percent. Sounds like a nice increase, doesn't it?

12 percent is quite a jump, but keep in mind that the web staff weren't getting paid nearly as much as their print counterparts to begin with. According to a report from Bloomberg, the Times made the adjustments to put web staff on more equal footing, at least pay-wise, with print staff. The icing on the cake is that the raises are retroactive til March.

The Newspaper Guild negotiated a three-year contract which covers about 100 online staff members, who'll all now be receiving the nice raises. "The Times wants to have a first-class Web site to go with the first-class newspaper. It would be not good to have a big disparity between the staff of the digital operation with the staff of the newspaper," said the Guild.

This move is indicative that the Times is beginning to see the value in online operations, as the web is the real battleground for news these days.

The downside? Web staff still work more hours than the print staff, and they had to give up their bonuses. While the print staff work just 35 hours, the web staff work 40.