News Salaries Down In '08
July 9, 2009 at 4:53 AM (PT)
Staff cutbacks and salary give-backs -- especially at the upper end of the food chain -- meant a drop in salaries in both radio and television news, says THE RADIO-TELEVISION NEWS DIRECTORS ASSOCIATION (RTNDA). That’s the first time that’s happened in the 15 years of the RTNDA/HOFSTRA UNIVERSITY annual survey.
Overall, TV news salaries fell 4.4% in 2008, and radio news salaries slid by 1.8%.
Tack on inflation at 3.8%, and real wages fell by 8.2% in TV news and 5.6% in radio news.