Hachette Book Group and Macmillan are raising entry-level starting salaries, reports Andrew AlbanesePublishers Weekly senior writer.

“Two of the Big Five publishers are raising starting salaries to $47,500, for a 35-hour work week,” he tells me.

“For Macmillan, it’s a big jump as starting salaries there were said to be $42K, and it comes last week after Hachette announced it was raising entry-level salaries from $45,000 to $47,500 after a review.”

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Penguin Random House and HarperCollins peg starting salaries at $45,000, according to PW. Unionized staff at HC began a strike in November 2022 calling for a $50K minimum salary. Simon & Schuster’s base salary rate is $50,000 for a 40-hour work week.


Author: Christopher Kenneally

Christopher Kenneally hosts CCC's Velocity of Content podcast series, which debuted in 2006 and is the longest continuously running podcast covering the publishing industry. As CCC's Senior Director, Marketing, he is responsible for organizing and hosting programs that address the business needs of all stakeholders in publishing and research. His reporting has appeared in the New York Times, Boston Globe, Los Angeles Times, The Independent (London), WBUR-FM, NPR, and WGBH-TV.
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