Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many but not all Managing Editors, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Salaries start at $42K, which grows to $55K after five to 10 years. Earnings total $62K after one to two decades. Once they've gotten two decades of experience under their belts, Managing Editors encounter slower salary growth; at this point, they earn $67K annually. Experienced employees who have 10-20 years of experience make up 26 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 1 percent, and senior people with more than 20 years under their belt fill out the remaining 16 percent. Workers in this area tend to have one to nine years of experience.