paul edwards said:
Just Curious-does being at a radio station as a jock for a LONG period of time have any bearing on how much money you make. In other words, do you constantly get raises every year or after a certain amount of time do the raises end. Because if raises continue, there must be a lot of DJ's in Boston making big bucks. The DJ's at Magic have been there for years. Then, there's Matt Seigal at Kiss (forever). And I even heard Paula Street say not long ago that she's been at Oldies for 18 years! Do you think she has stock in the company for being there that long? How much money do you think each of these people make for being at there respective radio stations for over a decade? I'm lucky if I see a cost of livng raise!
Paul, the real answer to your question is a qualified "Yes." But it is a "yes" with a variety of qualifications.
For one thing, raises in radio or ANY private industry--as opposed, say, to working for state government or universities--often don't come automatically--many bosses wait for employees to ask for raises rather than just giving them out on the same day every year. And--again unlike public sector jobs--the amount of any increase becomes a negotiation, rather than an automatic 3 percent increase (or whatever). General Managers & CEOs tend to be strong negotiators--it's what they really do for a living, every day, in one fashion or another. Jocks tend not to be great negotiators--they're artists...performers--and often shy away from the business side of things. Left Brain/Right Brain.
But, great GMs & CEOs also recognize that part of the value that talent brings to the table is that listeners form vicarious relationships with jocks; listeners feel as though they KNOW and LIKE air talents they've heard every day for years and years--and that translates into TSL... and AQH... and the ratings turn into sales. So talent=money. Radio stations that encourage longevity in their air talent leverage into revenue. Frankly, it's a great pitch: "None of these other stations have anyone the audience KNOWS, while OUR air staff has been here ten, fifteen, twenty years. OUR listeners know, like and trust our jocks--so when we're pitching your car dealership (furniture store, bank, whatever) they RESPOND." $$$$$$$
My hunch is that Magic management understands all this and no doubt compensates their air staff very competitively (and probably treat 'em right in other ways, as well) as part of that strategy.