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The differences between business reporters and anchors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a business reporter and an anchor. Additionally, an anchor has an average salary of $70,715, which is higher than the $45,788 average annual salary of a business reporter.
The top three skills for a business reporter include news stories, business news and real estate. The most important skills for an anchor are news stories, story development, and facebook.
| Business Reporter | Anchor | |
| Yearly salary | $45,788 | $70,715 |
| Hourly rate | $22.01 | $34.00 |
| Growth rate | -10% | -10% |
| Number of jobs | 54,760 | 2,986 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 66% |
| Average age | 40 | 40 |
| Years of experience | 2 | 2 |
A business reporter typically writes articles with regards to breaking news making readers get informed about the industry's current changes and major events. Business reporters gather and analyze facts with regards to events that are newsworthy. They collect information through investigation, research, observation, or interview. Generally, they write and report stories for news magazines, television, newspaper, or radio. It is part of their job to establish innovative ideas for writing news that is associated with a business.
A news anchor is a journalist who informs the public through reports of events and news stories. News anchors educate the public about the world, local, and national events. They interact with the reporters while they are in the air. Their job includes gathering, verifying, and analyzing data from different sources. They produce news and coordinate reports. Skills necessary for this job include verbal communication, the ability to improvise, collaboration, and reading comprehension.
Business reporters and anchors have different pay scales, as shown below.
| Business Reporter | Anchor | |
| Average salary | $45,788 | $70,715 |
| Salary range | Between $28,000 And $73,000 | Between $41,000 And $119,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | The New York Times Company | The Walt Disney Company |
| Best paying industry | Media | - |
There are a few differences between a business reporter and an anchor in terms of educational background:
| Business Reporter | Anchor | |
| Most common degree | Bachelor's Degree, 81% | Bachelor's Degree, 66% |
| Most common major | Journalism | Journalism |
| Most common college | Massachusetts Institute of Technology | Massachusetts Institute of Technology |
Here are the differences between business reporters' and anchors' demographics:
| Business Reporter | Anchor | |
| Average age | 40 | 40 |
| Gender ratio | Male, 54.1% Female, 45.9% | Male, 55.9% Female, 44.1% |
| Race ratio | Black or African American, 6.3% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 9.5% White, 67.3% American Indian and Alaska Native, 0.3% | Black or African American, 6.3% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 9.5% White, 67.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |