Agreed Walter. CNN really messes up the payscale there. In ’98 they “promoted” me to editor from feeds for 24k. Granted, I was only 23 and had been out of college just a year before they made me editor, so I was pleased at the time.
Now I on occasion hire freelance editors, and even in LA most are pleased with $50hr. One friend of mine actually convinced a place here to hit a $1000 day rate, but that was for a one time gig and they were desperate. I’ve heard of places like WB hiring Predators for $850, but in the end they’re still saving flow so why not.
For a yearly rate, it’s always going to come down to location, experience, skill, how you handle direction, speed, and the ever important quality of being able to save the producers ass when he/she is at a loss.
Since you’re asking that question, i’m guessing you’re light on the experience side, so it might come down to around 50k. Don’t take offense to that, I could be totally wrong.
j