Reynold Heart survey: Biz journalist make practically $30k greater than friends

Enterprise journalists in the US earn practically $30,000 greater than their friends and boast widespread wage will increase, in line with a current survey by the Phoenix-based Donald W. Reynolds Nationwide Heart for Enterprise Journalism.

A complete of 254 journalists accomplished the SABEW supported survey, with 244 respondents reporting their wage.

The median wage for enterprise reporters was $78,260, with over 71% reporting that their wage had elevated over the previous 12 months.

“SABEW is happy to see that the salaries for enterprise journalists have risen up to now 12 months, as enterprise journalists are integral in explaining what is going on within the financial system and the markets and why it’s occurring,” mentioned Desiree Hanford, SABEW’s president, in an announcement. “SABEW is grateful to the Reynolds Heart for its continued wonderful work in benchmarking the trade wage and demographic knowledge. The Heart’s work is one other reminder of how essential enterprise journalism is and why mentoring, recruiting and selling a various and inclusive workforce is essential, as is eliminating pay gaps.”

Key findings from the survey embrace:

  • The median annual wage for enterprise reporters and correspondents was $78,260  – effectively above the typical journalist’s wage reported by the BLS at $48,370 in Might 2021.
  • The median wage for reporters beneath the age of 30 was $64,705, indicating enterprise journalism as an excellent place to start out your profession.
  • Youthful reporters usually tend to be feminine and from numerous backgrounds which presents an optimistic outlook for a extra consultant subject of enterprise journalists within the coming years.  

The survey outcomes may be discovered here.