Plus Pages

Saturday, October 29, 2022

Survey: Inflation Eats Away Slight Uptick In Newsroom Wages


The latest results of a survey of newsroom salaries has been released by the RTNDA. The RTDNA/Newhouse School at Syracuse University Survey was conducted in the fourth quarter of 2021 among all 1,780 operating, non-satellite television stations and a random sample of 3,379 radio stations





📺TV Overview

One year after a large increase in salaries, the latest RTDNA/Newhouse School at Syracuse University Survey found local television news salaries rose just 1.1% in 2021. 

That’s down sharply from the 3.5% growth in 2020. Adjusted for inflation, salaries actually fell 5.9% in terms of real wages. More than 85% of TV news directors said they found it harder to recruit people this past year

Market size - There were sharp differences in what happened to salaries generally based on market size.  Markets 51 to 150 fared the best – by far. In those two groupings, about two-thirds or more of the positions went up in salary.  Markets 151+ came next with 35% of positions going up. That’s the same as markets 1 to 25, but in the biggest markets, 60% of the median salaries went down from last year. At the bottom: markets 26 to 50, where three-quarters of the salaries went down and just 15% went up.

Newsroom size - Sorting by size of newsroom sometimes leads to some sort of meaningful information, and this is one of those years.  Newsrooms with 21 to 30 staffers did the best in salaries overall, but the bigger picture is that newsrooms with at least 21 staffers did much better than smaller newsrooms.  It wasn’t even close.

Starting pay - Starting pay in TV suffered a worse fate than salaries generally. Both average and median starting pay rose just $100 (per year) ahead of a year ago. That’s 0.3%, compared to a 7% inflation rate.



📻Radio Overview

After a 4.5% increase in 2019 and a 0.9% increase in 2020, local radio wages rose just 0.4% in 2021. 

Market size - Mostly, salaries go up as market size goes up. No surprise there. They also tend to go up as staff size increases, but much of that is a function of market size as well. Number of stations in a local group has no consistent effect on salaries.  Overall, salaries in the Northeast and West were higher than in the South or Midwest. Major markets are those with 1 million or more listeners. Large markets are those from 250,000 to 1 million; medium markets are from 50,000 to 250,000; and small markets have fewer than 50,000 listeners.

Commercial vs. Non-commercial - One thing that makes a huge difference in pay is commercial radio versus non-commercial. Overall, non-commercial salaries are substantially higher than commercial ones. But that’s not a completely fair comparison, according to RTDNA. The vast majority of non-commercial stations in the Survey are in large and major markets. So they compared commercial and non-commercial salaries only in the two largest market groups. Admittedly, It’s still not a clean comparison, but there’s no question that non-commercial salaries are higher than commercial salaries. Substantially higher.

Starting pay - Perhaps reflecting that difficulty in hiring, starting pay rose at a much higher rate than salaries generally.  Median starting pay went up by $2,000 to $32,000.  That’s an increase of 6.7%.  Average starting pay rose $1,200 to $34,000.  That’s an increase of 3.7%.  Either way, it beats the 0.4% increase in radio overall – but not the 7% rate of inflation. Note that the minimum pay of $15,000 corresponds with the U.S. minimum wage of $7.25/hour.  Of course, there are cities and states where the minimum wage is higher. 


Download Your Salary Guide

How does your salary compare?  The RTDNA is offering a chance for individuals to take a closer look at its data and see how their job’s pay compares – in your newsroom, across market and newsroom sizes, and over time – with detailed breakdowns by position in The salary guides.

TV News Salary Guide - Free for members. $25 for non-members.

Radio News Salary Guide - Free for members. $25 for non-members.

No comments:

Post a Comment