For the third year in a row, radio salaries failed to rise to the level of inflation. In 2021, although inflation that year was just 1.4%, radio salaries went up a paltry 0.9%. Last year was a lot worse, with radio salaries up just 0.4% and inflation at 7%. This year, salaries are up 4.5%, but with inflation at 6.4%, it’s another year of losing ground, according to a survey conducted for the RTNDA (RadioTV News Directors Association). Over the last three years, radio news salaries are down a cumulative 8% in terms of real wages.
Major market newsrooms accounted for a dip in management salaries, and large markets increased or held steady across job titles. 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.
Commercial vs. Non-Commercial: Overall, non-commercial salaries are substantially higher than commercial ones. But that’s not a completely fair comparison as the vast majority of non-commercial stations in the survey are in large and major markets. So we compared commercial and non-commercial salaries only in the two largest market groups. 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: Despite the difficulty in hiring, starting pay rose along with salaries generally – though maybe not quite as dramatically as salaries in general. Median starting pay went up a substantial increase of 9.4%. Average starting pay rose just 3%.
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