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Business reporter hiring summary. Here are some key points about hiring business reporters in the United States:
Here's a step-by-step business reporter hiring guide:
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.
The business reporter hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A business reporter's background is also an important factor in determining whether they'll be a good fit for the position. For example, business reporters from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list presents business reporter salaries for various positions.
| Type of Business Reporter | Description | Hourly rate |
|---|---|---|
| Business Reporter | Reporters, correspondents, and broadcast news analysts inform the public about news and events happening internationally, nationally, and locally. They report the news for newspapers, magazines, websites, television, and radio. | $13-35 |
| Video Journalist | Video journalists make videos conveying the news and factual stories for the audiences. Their day-to-day duties may vary but typically include editing, researching, and reporting, developing and planning live or taped video segments, and compiling data from various sources... Show more | $19-53 |
| Journalist | A journalist is responsible for creating written correspondence, covering various subjects as the management requires. This task involves a lot of research investigations, conducting interviews, and gathering reliable sources to verify the authenticity of data before releasing the articles on news portals and other social platforms... Show more | $18-45 |
Including a salary range in the business reporter job description is a good way to get more applicants. A business reporter salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a business reporter in Utah may be lower than in New Jersey, and an entry-level engineer typically earns less than a senior-level business reporter. Additionally, a business reporter with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $63,637 | $31 |
| 2 | District of Columbia | $63,229 | $30 |
| 3 | Massachusetts | $53,799 | $26 |
| 4 | Rhode Island | $53,695 | $26 |
| 5 | Connecticut | $52,501 | $25 |
| 6 | Michigan | $51,875 | $25 |
| 7 | Ohio | $50,901 | $24 |
| 8 | California | $49,929 | $24 |
| 9 | North Carolina | $48,673 | $23 |
| 10 | Illinois | $45,468 | $22 |
| 11 | Washington | $45,029 | $22 |
| 12 | Louisiana | $44,994 | $22 |
| 13 | Texas | $42,744 | $21 |
| 14 | Georgia | $41,068 | $20 |
| 15 | Florida | $40,667 | $20 |
| 16 | Wisconsin | $40,401 | $19 |
| 17 | Alabama | $39,610 | $19 |
| 18 | Colorado | $34,658 | $17 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | The New York Times Company | $103,826 | $49.92 | 42 |
| 2 | Santander Bank | $102,280 | $49.17 | |
| 3 | JPMorgan Chase & Co. | $100,276 | $48.21 | 224 |
| 4 | The Washington Post | $83,124 | $39.96 | 2 |
| 5 | Santander Private Banking International | $66,323 | $31.89 | |
| 6 | The Boston Globe | $65,627 | $31.55 | 2 |
| 7 | Jpm | $65,282 | $31.39 | |
| 8 | NBCUniversal | $63,940 | $30.74 | 41 |
| 9 | Business Insider | $56,140 | $26.99 | 1 |
| 10 | Medical Billing | $54,477 | $26.19 | |
| 11 | New York Observer | $53,921 | $25.92 | |
| 12 | DISH Network | $52,989 | $25.48 | |
| 13 | Denali Advanced Integration | $48,690 | $23.41 | |
| 14 | Cox Enterprises | $45,177 | $21.72 | 8 |
| 15 | Spectrum Health | $44,983 | $21.63 | |
| 16 | Allianz of America, Inc. | $43,776 | $21.05 | |
| 17 | Capital City Press, L.L.C. | $43,330 | $20.83 | 9 |
| 18 | Journal of World History | $43,145 | $20.74 | |
| 19 | Banco Santander | $42,252 | $20.31 | 1 |
| 20 | MediaNews Group | $40,566 | $19.50 | 15 |
A business reporter job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a business reporter job description:
To find the right business reporter for your business, consider trying out a few different recruiting strategies:
To successfully recruit business reporters, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best business reporter candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new business reporter. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Recruiting business reporters involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $45,788 per year for a business reporter, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business reporters in the US typically range between $13 and $35 an hour.