Friday, June 12, 2009

What Salary Freeze? Newspaper Wages Are Actually Rising

You may have heard about the salary freezes and wage cuts at media companies like the NYTCo (NYSE: NYT), Gannett (NYSE: GCI) and Dow Jones (NYSE: NWS). But that's not the full story: A new report says that overall, newspaper salaries have actually been on the rise. E&P's Jen Saba cites a study of 400 papers in the U.S. and Canada by the Inland Press Association that found that newspaper wages rose an average 2.1 percent from 2008 to 2009.

To be sure, the gains were concentrated in a few areas, such as graphics and on newspaper websites. "Interactive producers" saw their pay jump 13 percent, while those in "new and alternative business development" are making 5 percent more than the year before. Salaries for new reporters and editorial-page editors didn't move up at all.

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