This post was originally published on this site
Last week I wrote about issues related to recruiting for local newsrooms and received an overwhelming response focused on primarily one component: compensation. Pay is a major challenge in our industry, and there are no easy options to fix that. When it comes to expenses in local news, easy went away about five years ago. Many stations in our industry have cut away the last remnants of gristle and are now deep into the flesh. The best intentions of fixing the pay problem often fall victim to grim budget realities.
I have a lot of experience in this area as I have always been a vocal advocate for compensation increases for journalists. I’m also a realist. Consider this fact: Most television stations have profit margins that are significantly lower than they were 10 years ago.