Annual compensation for News Anchors is typically heavily supplemented by bonuses and commissions and totals around $57K (including $61K from bonuses and commissions). Earnings for this group are mostly affected by the particular firm, followed by geography and tenure. Most enjoy medical while a majority get dental coverage. Vision coverage is also available to approximately half. Women make up a slight majority of News Anchors (53 percent) survey respondents. Most News Anchors report high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.

$31,875 - $120,932
(Median)
$32K
$58K
$120K
MEDIAN: $57,676
10%
50%
90%

Add this chart to your site: 640px    300px

$9.61 - $30.41
(Median)
$9
$15
$30
MEDIAN: $15.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$31,875 - $120,932  
   
Bonus
$881 - $21,447  
Profit Sharing
$8,250  
Commission
$55,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,408 - $120,265  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 848
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$9.61 - $30.41  
   
Hourly Tips
$14.29  
Overtime
$11.63 - $70.07  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$881 - $21,447  
   
Commission
$55,000  
Profit Sharing
$8,250  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,408 - $120,265  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 70
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for News Anchor

News anchors generally are responsible for presenting local, national and/or world news to the public. They generally work in a studio to produce TV or radio news programs, although they sometimes report or anchor programs from the scene of the broadcast's subject. The news anchor often reads compiled news stories from a teleprompter, as well as conducts on-air interviews with the subjects of news, experts and reporter colleagues as needed. They also react to breaking news as it emerges, presenting information to the viewing or listening public as it becomes available. Additionally, news anchors help make editorial decisions about which stories to air and how they should be presented. The anchor may also report stories themselves, performing such tasks as conducting interviews, obtaining video and audio to use in broadcast, researching relevant information, and using computer software to edit audio and/or video gathered through the course of reporting.

Read More...

News Anchor Tasks

  • Cover breaking news stories in real time and follow along with updates.
  • Research and develop news stories from the idea stages to a written script.
  • Venture into the field to cover live events and unfolding stories as they happen.
  • Present both live and pre-recorded daily news stories in a professional manner on television.
  • Send timely updates via social media to engage the viewing audience and keep them informed.

Common Career Paths for News Anchor


Add this chart to your site:   640px 640px    300px 300px


Though some News Anchors move into positions like Evening Anchor (where the average salary is $71K), this progression is not the norm. A lot of News Anchors advance their careers by becoming Morning Anchors and Radio Show Hosts. However, those positions offer $5K less and $16K less per year on average.

News Anchor Job Listings

Search for more jobs:

Popular Employer Salaries for News Anchor


News Anchors flock to CBS Corporation, Sinclair Broadcast Group, Inc, Tribune Co, Nexstar Broadcasting Group, Inc., and Abc Corp., highly regarded companies that employ a generous number of people in this profession. News Anchors seeking a sizable paycheck can earn the most at Sinclair Broadcast Group, Inc, where the average salary comes to $80K. Also paying near the top of the field are CBS Corporation at $68K, Raycom Media, Inc. at $65K, and Tribune Co, where News Anchors annually earn $55K.

Abc Corp., Nexstar Broadcasting Group, Inc. and Tribune Co are three other employers with a reputation for below-average pay, showing salaries around $27K, $32K, and $55K.

Pay by Experience Level for News Anchor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience is an important factor influencing the compensation of News Anchors. Workers in their first five years can expect to earn $45K, but people who have been around for five to 10 years earn a noticeably bigger sum of $57K. The average pay reported by folks with 10 to 20 years of experience is around $67K. News Anchors with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $75K.

Pay Difference by Location

National Average: $56,558

Larger city markers indicate a job is popular in that location.

News Anchors in search of higher pay head to America's three biggest cities. Perhaps not surprisingly, New York, Chicago, and Los Angeles all offer salaries above the national rate. Pittsburgh is the lowest-paying area, 3 percent south of the national average.

News Anchor Advice

What do you wish you knew about your job when you first started out?

News Anchor in Waco:
"Expect low pay and low morale starting off."
Being a news anchor is fun, rewarding work. My favorite part of the job is getting out in the community... Meeting people and attending events that benefit organizations that are important to the people in the broadcast area of the station. I also love breaking news. It's important to choose your station carefully. You can end up in a great environment with great mentors or a situation where you don't see room to grow or don't get feedback on your performance. Get a DVR from your cable/satellite company (this is a must) and watch yourself every week. Most anchors hate doing it, but it will make you a better anchor to see what you're doing wrong. Don't let anyone tell you can't be an anchor just because you don't have a lot of experience reporting in the field. If you work hard, do lots of internships and are talented... You'll get noticed. Don't jump ship right as your contract ends. Staying at a station for more than a few years looks good on the resume.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects News Anchor Salaries




National Average
$57,000

Entry-Level
up arrow 21%

Skills That Affect News Anchor Salaries

anchor
up arrow 68%

Journalism
up arrow 54%

National Average
$57,000

Media / Public Relations
up arrow 2%


Video Editing
up arrow 24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 37 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
25%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 66%
medical benefits
Vision: 51%
dental benefits
None: 11%
ADVERTISEMENT