Do you want fries with that magazine?
A blogger for the Press Gazette points out an example of the downward pressure on wages exemplified by an advertisement for a b2b editor, with the skills to "produce a lively mix of magazines and newsletters". The salary is between £18,000 and £25,000 -- roughly $32,000 to $44,000 at today's exchange rate.
So to edit not just one but several publications - in London! - you are getting a salary that seems more commensurate with managing an average sized provincial amusement arcade.
By way of a reality check - a trainee McDonalds manager in Doncaster can look at a starting salary of £18,500 and they also get company car, pension, private health care and a potential bonus.
Labels: compensation
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