What is the pay outlook for Media & Communications?
Media and communications jobs are expected to see increased demand due to growth in different communications platforms. Digital expertise will become increasingly important as consumers continue to shift away from print, radio and television and towards electronic media. Most media & communications careers require higher education, although this varies greatly depending on the field, and usually offer above-average pay.
Editor salary in US
A Editor salary range in US can vary based on important factors such as education, skills, certifications, and years of experience. A Editor in US can expect to see an entry level salary range of $32,266 to $68,347 per year, based on 46 salary contributions. At the highest seniority level, an experienced Editor in US can make a salary range of $35,903 to $98,706 with at least 8 years of experience, based on 5,172 salary contributions. The top 3 companies in US where a Editor gets the highest compensation are SMA, Inc., Bloomberg L.P. and McKinsey & Company, Inc.. Bigger companies typically pay 35.00% less than smaller companies for a Editor.
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Top paying industries
The top 5 paying industries for Editor in United States are Pharmaceutical & Biotechnology with a median total pay of $110,136, Aerospace & Defense with a median total pay of $107,258, Healthcare with a median total pay of $100,970, Government & Public Administration with a median total pay of $96,103, and Legal with a median total pay of $92,987.
Pharmaceutical & Biotechnology
The top paying company in Pharmaceutical & Biotechnology for Editor is Syneos Health .
Frequently asked questions about Editor salaries
The average salary for Editor is $86,403 per year or $42 per hour, with top earners making up to $150,790 (90th percentile). Typically, pay ranges from $64,815 (25th percentile) to $116,235 (75th percentile) annually. Salary estimates are based on 14206 salaries submitted anonymously to Glassdoor by Editor employees.
The highest salary for Editor is $116,235 per year, $9,686 per month or $56 per hour.
The lowest salary for Editor is $64,815 per year, $5,401 per month or $31 per hour.
The salary trajectory of Editor ranges between locations and employers. The salary starts at $59,156 per year (estimate) and goes up to $129,214 per year (estimate) for the highest level of seniority.
Editors typically earn comfortable pay, while honing their craft and retaining the opportunity to take on freelance work after-hours. Editors who work for professional, scientific or technical publications often earn more than editors who work for newspapers or book publishers. Some editors also earn royalties off book sales. The small subset of editors who discover and assist with the refining of an successful manuscript have high earning potential.
Editors ranked their salary satisfaction on Glassdoor, and about 62% of them feel good about what they earn. In addition to annual salary, editors have the potential to earn an additional $15,802.95 in extra income every year through bonuses, freelancing, profit sharing, and contract work.
Editors can use the flexibility of the role to their advantage and try remote, contract, or part-time positions to boost their earnings potential. The more professional experience and the higher quality the portfolio, the higher salary you can earn in the editor career path. In general, however, professionals have a pay range between $50,113.81 and $150,789.79, with average pay sitting at $86,403.13.
Editors can score higher salaries by obtaining a master's degree in English or a related field. While a bachelor's degree is generally required for any entry-level position, earning an advanced degree could bolster your earning potential significantly. Since positions are competitive and editor careers are impacted by portfolio quality, continuously update yours to showcase your most impressive work. Since editing is a flexible position, you can always develop your portfolio through a series of smaller assignments gained through remote, contract, volunteer, or part-time positions. These types of roles are also helpful in gaining professional experience and skills; the more, the better, so embrace those opportunities and build a solid resume.
With a strong portfolio in hand, you're well prepared for the negotiating table. Use it as a marketing tool to highlight your best work, and explore the stories behind each piece. If you spent extra hours nailing down a specific piece or worked closely with the writer, for instance, share that insight. Anything that sets you apart helps determine your value and could earn you a higher salary in your editor job. If you're bargaining in an established position, ask for a raise in the 15% range. If you're a contract or freelance worker, ask for a 15% or more increase using your portfolio to back up why this is justified.
