Stay knowledgeable about industry happenings.
So, in an industry with slow job growth and declining barriers to entry how can you stay competitive, keep moving forward AND be one of the top earners? Be better. In 2010, the bottom 10% earned less than $25k, while the highest paid video editors (top 10%) made over $110k. This is one factor that leads to a significant disparity between the highest paid editors and the lowest. The type of post-production work encompassed in the term “video and film industry” is wide ranging. $50,930 was the average video editor salary. In 2010…Ģ0,600 video editors were salaried. Low cost access to video editing tools will without question continue to drive up the number of individuals who claim themselves as “video editors”, further increasing competition. No doubt, tighter production budgets have led to this merging of what were traditionally separate positions.Īpplications and hardware continue to drop significantly in price (note: DaVinci Resolve and Autodesk Smoke). The Bureau states that the consolidation of video related positions is partially responsible for this slow growth, as producers and reporters are becoming increasingly more responsible for editing their own work. The Bureau of Labor Statistics‘ most recent report shows that film and video editing positions are projected to grow only 5 percent from 2010 to 2020, slower than the average for most occupations. The future outlook of the video post-production market might keep you up at night…or cause you to create your best work.
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