Can Higher Salaries Improve TV News?

Local TV News Salaries Rose In 2018

The latest RTDNA/Lawrence Herbert School of Communication – Hofstra University Annual Survey found that local television news salaries rose by 3.1% in 2018, just over the U.S. average hourly wage gain of 3% for 2018. With inflation remaining low at 1.9%, real wage growth in local TV news hit 1.2%. TV news wage growth for 2018 was up four-tenths of a point from last year’s 2.7% increase.

Newsroom Employees Earn Less Than Other U.S. College-Educated Workers

RTDNA-HOFSTRA UNIVERSITY SURVEY

TV News Salaries Moved Up 4% In 2016

The latest RTDNA-Hofstra University Annual Survey found that local television news salaries rose by 4% in 2016. That’s a bit less than last year’s 4.8%, but still almost double the level of inflation in 2016: 2.1%. That means TV news salaries gained 1.9% purchasing power this past year… on top of the previous year’s 3.5% net increase. A big improvement over the last few earlier years.

Journalism Diversity Groups Urge Equal Pay

Reporter Pay Falls Below Average Wage

The mean salary for reporters and correspondents rose from $40,090 in May 2003 to $44,360 in May 2013, an increase of 10.7% according to the Bureau of Labor Statistics’ Occupational Employment Statistics. No cheers, though. During the same 10-year period, BLS data shows the mean salary for all occupations rose 28%, from $36,210 in 2003 to $46,440 in 2013.

RTDNA-HOFSTRA UNIVERSITY ANNUAL SURVEY

TV, Radio News Salaries Barely Edge Up

While staffing in TV news soared, salaries did not. The latest RTDNA/Hofstra University Annual Survey found that local television news salaries rose 2.0% during 2011. That thin margin of growth suggests that a lot of the hiring in 2011 took place among relatively young, less expensive staffers.

RTDNA/HOFSTRA UNIVERSITY ANNUAL SURVEY

Sharp Rise In TV, Radio News Salaries

Not only did TV news staffing go up noticeably this past year, so did salaries. The latest RTDNA/Hofstra University Annual Survey found that local television news salaries rose 7.3% during 2010. The numbers are a sharp contrast to the last two years, when salaries actually fell 4.4% two years ago before rising a modest 2.5% last year.