BOOK INDUSTRY SALARY GUIDE
The Lowest-Paying Positions
Editors didn’t fare quite as well in their average salaries. In fact, editors ($55,000), managing editors ($59,900) and acquisitions editors (58,800) were among the lowest-paid positions of those surveyed, with only production associates ($50,600) making less.
And it doesn’t seem to be a case of just a handful of significantly underpaid editors throwing off the average. Fifty percent of editors surveyed are making less than $49,000. Fifty percent of managing editors are making less than $63,000, and for acquisitions editors, that number is $57,000.
What Region of the Country Pays the Most?
Publishing industry executives in the northeastern United States nosed out the other regions with an average salary of $74,200 and a median salary of $66,800.
Twenty-five percent of executives in the Northeast are making above $94,600, while 25 percent of executives in the West are making above $85,000.
Raises and Bonuses
It’s also interesting to note that 61 percent of respondents reported that their salaries had increased over the previous year, while 28 percent said their salaries did not change. (Check out the chart “Compensation Change Over Previous Year” to see what kind of salary increases most respondents received.)
Bonuses seem to be a somewhat popular form of compensation in the book publishing industry, with 44 percent of respondents indicating that they received some other cash compensation in addition to their base salary. This other compensation ranged from less than $5,000 to more than $50,000. (See the chart “Amount of Other Cash Compensation” for the percentage breakdown.) BB