Freelance Biz Journos Make Less Than Staffers But Hey, It’s Not Terrible

We’ve posted about the Society of Business Editors and Writers (SABEW) salary survey of freelance business journalists before and commenters have (rightly) taken us to task about the survey’s small sample size.

Now the Reynolds Center for Business Journalism has conducted its own survey. It spoke to 300 business journalists by phone, who worked in print, broadcast, wire and online newsrooms, and freelancers.

The majority of those surveyed said their salaries had either risen or stayed the same in the past two years. Wire business journalists reported the highest median salaries, at $75,000, followed by broadcast at $56,000, online at $51,000, and print at $49,375. Freelancers made an average of just $486 less at $48,899.

Medians obviously don’t tell the whole story, but we’re happy to see that freelancers reported salaries that are not astonishingly low, as they were reported in the first SABEW survey in 2010.

Nearly a third (32 percent) said their newsrooms were hiring (presumably this doesn’t apply to freelancers), up from 14 percent in 2011. Hooray!