From children's picture books to nonfiction books, the life of a book editor is only for those who love to read and have a strong critical eye. In most cases, becoming a book editor for a publishing house requires a college degree, along with working as an editorial intern to learn how the business works first.
According to the Bureau of Labor Statistics, the median annual wage for salaried editors was £32,493 as of May, 2008. The lower end of the scale for editors was £18,258, while the higher end was over £61,750. The standard benefits that come along with these positions include paid vacations, insurance and retirement plans.
Range Based on Type
Different types of book editors can expect to earn different salaries. An executive editor and/or the editor-in-chief at a publishing house, who are in charge of preparing the house's book list and overseeing all operations, will earn the higher end of the salary average. Editorial assistants to book editors can expect to earn on the lower end of the salary average.
Landing an editorial job in the publishing industry relies heavily on word-of-mouth and working up from lower-level positions. State University states that most editors are college graduates with degrees in English, history, journalism or literature, and start out in internship or assistant positions. Attending conferences and workshops is also recommended, as it helps young editors make valuable contacts.
As of December 2010, Salary Expert notes that Boston, MA is the highest paying location for book editors, with an average salary of £38,929. Orlando, FL is second at an average of £35,215, and Atlanta, GA is third with an average of £34,015.