A news anchor, also referred to as an anchorman or anchorwoman, is a professional who presents the news on TV or radio media platforms. This career is considered to be one of the most satisfactory, due to the public attention involved. In order to become a news anchor, you mandatorily need to be adept in communication skills; both verbal and written. You are also required to have a keen sense of understanding, logical thinking capabilities, decision-making skills, and ways of expression. The reputation and goodwill of a TV news presenter matters a lot as far as the salary is concerned. More the demand and scope of the professional, more salary he/she can expect.
Type of Employer
The broadcasting company or the TV channel has a substantial impact on the salary range of a news anchor. For example, Fox News Network offers a pay range from $50,000 to $125,000 yearly, which again may vary as per the conditions. Likewise, CNN is reported to offer a salary in the range of $75,000 to $100,000 per annum. Networks like Univision and CBS News have a per-year salary scale of about $60,500 to $115,000, and $65,500 to $140,000 respectively. The pay offered by American Broadcasting Company is wide, starting from $45,000 to $150,000, approximately.
Be it any kind of job, the years of experience and expertise in the field matters significantly. A fresher or one with less than a year's experience can fall in the salary range of $20,000 to $50,500. An increase in the overall experience of one to four years makes the news anchor eligible for an earning around $25,000 to $55,000 per year. For those who possess a work experience of five to nine years, the earnings can be considered in the scale of $40,000 to $80,000. Experts with an experience of 10 to 19 years can draw anywhere between $50,000 to $100,000. Those with above 20 years as a news anchor in the media industry can demand anywhere between $60,000 to $115,000.
Next comes the state and city of employment, which have a considerable impact on the income. In New York, the salary scale extends from $50,500 to $145,500. States such as California, Pennsylvania, Ohio, and Florida have been reported to have a range of $40,000 to $100,000. Texas has a lower scale of $30,000 to $70,000 per annum. In the city-wise classification, New York City comes first, with a range of $70,000 to a whopping $170,000 per annum. Philadelphia and Atlanta are believed to range anywhere between $50,000 to $120,000, and $40,000 to $100,000, respectively. Washington DC also offers a good pay package for these media experts, somewhere from $75,000 to $100,000. On the other hand, in Los Angeles; news presenters are likely to get an annual pay of $60,000 to $100,000.
A presenter liked very much by the viewers would certainly be able to demand a higher salary owing to his/her popularity. Also, a local news anchor's salary would be less as compared to one involved in international news.
Disclaimer: This CareerStint article is for informative purposes only. Salaries mentioned are just for reference purposes to act as a guide, and vary as per experience, organization, and popularity.