$58,852
Avg. Salary
$17.76
Avg. Hourly Rate

Average additional compensation:

$5,161

Bonus

$5,106

Profit Sharing

$37,500

Commission

What am I worth?
How should I pay?

The average pay for a News Anchor is $17.76 per hour.

The average pay for a News Anchor is $58,852 per year.

10%
$10.32
10%
$17.76
50%
$30.37
90%
90%
MEDIAN $17.76
10%
$33k
10%
$59k
50%
$130k
90%
90%
MEDIAN $58,852
$32,709 - $130,110
$33K
$59K
$130K
MEDIAN: $58,852
10%
50%
90%

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$10.32 - $30.37
$10
$18
$30
MEDIAN: $17.76
10%
50%
90%

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$0$130K
Salary $32,709 - $130,110
Bonus $900 - $28,000
Profit Sharing $500 - $77,500
Commission $37,500
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).
)
$30,768 - $129,064
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 1,099
Hourly Data $0$56
Hourly Rate $10.32 - $30.37
Hourly Tips $14.29
Overtime $11.00 - $56.25
Annual Data $0$129K
Bonus $900 - $28,000
Commission $37,500
Profit Sharing $500 - $77,500
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).
)
$30,768 - $129,064
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 91

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
  • 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.
  • Venture into the field to cover live events and unfolding stories as they happen.
  • 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.

Popular Employer Salaries for News Anchor


Leading companies who hire large numbers of News Anchors include CBS Corporation, Sinclair Broadcast Group, Inc, Tribune Co, Nexstar Broadcasting Group, Inc., and Abc Corp. Sinclair Broadcast Group, Inc offers the highest compensation with a median salary of $72K. News Anchors will also find cushy salaries at CBS Corporation (+$68K), Raycom Media, Inc. (+$65K), and Tribune Co (+$55K).

A few other companies with smaller-than-average paychecks include Abc Corp. ($27K), Nexstar Broadcasting Group, Inc. ($32K), and Tribune Co ($55K).

Common Career Paths for News Anchor


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Though it's uncommon, some News Anchors move into roles as Evening Anchors, where pay is an average $71K per year. 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

Pay by Experience Level for News Anchor

Pay by Experience for a News Anchor has a positive trend. An entry-level News Anchor with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 326 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A News Anchor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 383 salaries. An experienced News Anchor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 388 salaries. A News Anchor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 139 salaries.

Pay Difference by Location

97%

70%

40%

-14%

National Average: $57,927

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

The three biggest American cities also offer the biggest paychecks — professionals in New York, Chicago, and Los Angeles earn more on average than News Anchors in the rest of the country. One of the biggest compensable factors for News Anchors is geography, with workers in Columbia earning a whopping 30 percent below the national average. Employers pay around 12 percent less in Phoenix and 4 percent less in St. Louis, below-median salaries for those in this field.

News Anchor Reviews

Q: What is it like working as a News Anchor?

News Anchor in Louisville:
"Great !"
Pros: It’s in my home town. You have nice and caring people that loves their job.
Cons: Nothing I love Wave

News Anchor in Temple:
Pros: Flexibility to be creative and the respect from my managers to choose my own stories.
Cons: I feel I’m doing more work on an increasing basis and deserve better pay.

News Anchor in Los Angeles:
"Like family."
Pros: Longevity
Cons: Pay scale

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

Key Stats for News Anchor

Gender

Female
58 %
Male
42 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.
Less than 1 year
3%
1-4 years
21%
5-9 years
24%
10-19 years
35%
20 years or more
17%

Experience Affects News Anchor Salaries

▲27%

▲22%

National Average
$58,000

▼2%

▼21%

Skills That Affect News Anchor Salaries

anchor
▲64%

Journalism
▲50%

National Average
$58,000



Video Editing
▼28%

Public Speaking
▼31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
24%
10-19 years
35%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 68%
vision benefits
Vision: 53%
no benefits
None: 14%