Tuesday, July 2

Salaries decline in local TV newsrooms

For the first time in four years, local TV news salaries have taken a dive. The latest RTDNA/Hofstra University survey says pay was down on average by almost 2% in 2012. If you factor in the rate of inflation, real wages were down by about 4%.

Just two years ago, TV salaries jumped by more than 7%... Median salaries in almost every job category not only went down last year, they have failed to keep up with inflation over the past ten years.

Who made more? News writers and news assistants, says researcher Bob Papper, but only because the relative few who were hired got nice jumps in pay. The reverse is true in some other job categories.

In fairness, the median salaries of some positions fell because more of them were hired (like executive producers and meteorologists), and new hires tended to be staff expansions filled with lower paid, less experienced people.

Read more here