The latest issue of HOW magazine features this year’s Salary Survey. They conduct this survey every two years. This year 523 designers, from all over the country, responded. Biggest surprise was the drop in the National Average Salary from nearly $50,000 in 2000 to $45,000 this year. As we all know, those bloated salaries of two years ago were thanks to dot-com companies and “wannabe-designers.” After that utopia came to an end (thankfully) designer’s salaries dropped almost $5,000. At least now the salaries are more “honest”, people are getting paid for what they can actually do, not what they claimed they could do (sketch/think/design/program/party all night).
Another interesting fact, and one that really never changes, so it’s probably not that interesting, is the difference between women and men’s salaries. Men get paid an average of $50,000 while women only get $42,000. Will this ever change?
Designers who work for a design firm are making an average of $49,000, while freelance designers are putting $57,000 in their pockets. Does this mean you should leave the security of a 9 to 5 job for a more lucrative, but more risky, approach?
This fact I did find a little disturbing. The average salary for people with 15+ years experience is only $62,000 a year. To me that sounds too low for somebody who has busted his/her hump for such a long time.
How is everybody doing? I don’t expect anyone to disclose their annual salary, but does this survey sound about right?
I would love to go freelance someday but it's the thought of having to purchase and manage my own health/life insurance, 401k plan, etc. that keeps me away from the $8000 difference in average salaries. Sure you make more working for yourself but a lot of that goes into expenses that 9-to-5'ers don't have to worry about.
That said, I found my salary to be right in the median of it all.
On Nov.17.2002 at 02:50 PM