How much are magazine editors, writers, designers and other staffers paid? What do benefit packages and long-term incentives look like in the industry? These are the questions Magazines Canada plans to answer with a new national compensation study it is working on.
Magazines Canada has announced it has secured support for the study from the Cultural Human Resoureces Council (CHRC) and that Mercer Limited will conduct the study. According to a press release, the study will
include small, medium and large publications, profit and
not-for-profit, consumer and business media titles. The plan is to “gather data on market compensation levels for approximately 40 benchmark positions,
including base salary, annual incentives, long-term incentives,
pensions, benefits and other perquisites.”
“The magazine industry has expressed the need
for this work for many years and with today’s changing technological
environment and market conditions, to name a few issues, timing for
this study could not be better,” said Magazines
Canada CEO Mark Jamison.
Results are expected before the end of 2008.