The National Association of Colleges and Employers’ annual report
on college graduates says that the average starting salary for journalism
graduates is $41,000, substantially lower in newspaper newsrooms.
A study by the James M. Cox Jr. Center for
International Mass Communication Training and Research at the University of
Georgia’s Grady College of Journalism and Mass Communication found a median salary of $31,000 for recent grads.
U.S. Bureau of Labor
Statistics put the median annual pay for reporters, correspondents and
broadcast news analysts at $36,000.
And that’s for newspaper
personnel who haven’t been hit by the substantial thinning of the herd, but
have taken percentage pay cuts across the board, as newspapers try to hang onto
as much of their profit margin as possible amid the onslaught of the Internet.
In comparison, Guild retiree John
Olesky’s 1040 federal tax return for 1996, the year he retired from the Beacon
Journal on July 1, had an adjusted gross income of $50,000. That was for six months
of BJ paychecks and six months of only Social Security and BJ pension checks.
According to a US Inflation Calculator using U.S. government Consumer Price Index data, it would take $73,165 in 2013 to have the same buying power as $50,000 in 1996. That means today's median newsroom income has half the buying power of the 1996 newsroom.
To read more, click on http://www.poynter.org/how-tos/career-development/ask-the-recruiter/203666/live-chat-today-how-can-journalists-negotiate-for-better-salaries/
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