Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business editors and editors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business editor and an editor. Additionally, a business editor has an average salary of $57,160, which is higher than the $52,107 average annual salary of an editor.
The top three skills for a business editor include SEO, editorial content and real estate. The most important skills for an editor are web content, video content, and SEO.
| Business Editor | Editor | |
| Yearly salary | $57,160 | $52,107 |
| Hourly rate | $27.48 | $25.05 |
| Growth rate | -5% | -5% |
| Number of jobs | 48,491 | 15,115 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 77% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business editor oversees the operations of the business news department of publication companies or similar establishments. Although their duties vary upon their place or company of employment, it usually includes taking on a managerial role wherein they must manage a group of business writers, delegate responsibilities, assign business events to reporters, set deadlines, and develop strategies to gain the public's interest. They also participate in writing news materials, proofreading articles, conducting interviews, and establishing guidelines. Moreover, a business editor maintains an open and transparent communication line with fellow editors for an efficient workflow.
An editor is the one responsible for polishing and refining a story, article, and any material for publication in newspapers, magazines, books, or websites. Editors have the power to either accept or reject a material as they need to ensure that every manuscript which will be offered for publishing is at the best version as it can be. There are several types of editors, from copy editors, books to managing editors, but they have few skills in common, like strong writing skills, good judgment, and leadership abilities to help guide the whole editorial team. Most of them work in the office, but it is quite becoming more regular for them to work remotely.
Business editors and editors have different pay scales, as shown below.
| Business Editor | Editor | |
| Average salary | $57,160 | $52,107 |
| Salary range | Between $41,000 And $79,000 | Between $34,000 And $78,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | Connecticut | New York |
| Best paying company | IBM | Microsoft |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a business editor and an editor in terms of educational background:
| Business Editor | Editor | |
| Most common degree | Bachelor's Degree, 80% | Bachelor's Degree, 77% |
| Most common major | Journalism | English |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business editors' and editors' demographics:
| Business Editor | Editor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.3% Female, 39.7% | Male, 46.4% Female, 53.6% |
| Race ratio | Black or African American, 3.6% Unknown, 4.6% Hispanic or Latino, 8.1% Asian, 7.3% White, 76.2% American Indian and Alaska Native, 0.3% | Black or African American, 3.6% Unknown, 4.6% Hispanic or Latino, 8.2% Asian, 7.3% White, 76.0% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 12% |