Salary Happiness: $75,000

From The Wealth Report by Robert Frank at Wall Street Journal: The Perfect Salary for Happiness: $75,000

Also fodder for another survey:

The results are fascinating, especially in this conflicted age of materialism. But I wonder how they would differ by region or city. Would $75,000 mark the ultimate day-to-day contentment in such high-cost cities as New York City, Los Angeles or San Francisco? I doubt it. Perhaps the salary number would be lower in South Dakota or Mississippi.

Twitter Weekly Updates for 2010-08-28

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Twitter Weekly Updates for 2010-08-21

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Talking Biz News reports business journalist salary study

Talking Biz News: SABEW releases salary study results

The median salary for a business reporter was between $60,000 and $65,000, while the median salary for a business section editor was between $75,000 to $80,000. An editor of a business print publication makes a median salary between $95,000 and $100,000.

Salaries are about 75 percent of the actual cost to the employer. Benefit costs and employer taxes add to salary expense.

Journalism startup specializing in aggregation funded

BringMeTheNews screenshot

BringMeTheNews screenshot

BusinessJournalism: Business-media company, PR firm invest $1 million in Minn. news aggregator.

The aggregation site is BringMeTheNews, founded by Rick Kupchella, former anchor and investigative reporter in Minneapolis. He was profiled by Poynter in December 2009, only 12 weeks after the business had launched. At that time, the site employed 5 full-time and 4 part-time workers. The About Us page at BringMeTheNews showed four people, and I did not see a breakdown of news, technical and other groups among the employees.

Kupchella’s founder in the business was Don Smithmier of GoKartLabs.com). New investors are Dolan Media and Padilla Speer Beardsley.

Aggregation is a touchy subject with journalists. It can generate traffic and good story choice and story package can bring real value to readers, which means the come back to the site and become an appealing audience for advertisers. But some view it as assembly-line work. Some of that is snobbery.

An old newspaper equivalent is the rewrite desk. They would take various wire stories, notes from stringers or assorted other sources and craft a story quickly and typically without bylines. Working the rewrite desk was a respected and necessary job.

Compete says BringMeTheNews had 7,890 visitors in July.

Other stories on BringMeTheNews:

Related: How big would the newsroom be if starting fresh and Journalism startups: it’s a business, not a job

Finished: Rework and other books

Cover of "Rework"I’ve finished several books in the past week. Some, such as Rework were quick reads with short paragraphs.

Another book, Arab and Jew: Wounded Spirits in a Promised Landby David K. Shipler, was an audio book I finished thanks to a long drives recently. It’s a good view of the twists, knots and roadblocks that prevents peaceful relations. But the book still gives hope — but it will take more time.

“Rework” is for action-minded business people who prefer action to meetings. It might convince someone to start, which is the largest obstacle to many people’s dreams. The book reminded me of Seth Godin’s free e-book “What Matters Now”, which can be downloaded from his blog.

Twitter Weekly Updates for 2010-08-14

  • @johnhcook Jars of coins or old phones? Coinstar backs ecoATM to turn old mobile phones into cash http://ow.ly/2oAZs #
  • Group of journalists and editors plan a weekly, mobile-platform magazine starting this fall – http://nyti.ms/a5sYbQ #
  • Charlotte: race car parade through downtown at noon while a bluegrass band plays at Wachovia Plaza. #clt #
  • @bizjournals Feds: Recession more likely than expansion over next two years. http://bizj.us/as1tx #
  • So many people wanted to try Google Wave, but not enough to make it succeed. http://ow.ly/2mG3D #

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