Informative Website For College Students
In the UK, the Chartered Institute of Editing and Proofreading (CIEP) suggests a minimum hourly rate of 25.40 for proofreading (correct in 2019). The rate for copyediting is higher and depends on what level of intervention is required. Whether you can earn this will depend on who you work for and what skills you have.
As of 2020, the average editor in the U.S. makes around $65-70k/year. And an editor with years of experience and high-level expertise, such as a current or former Big 5 editor, can make up to $100k/year or even more.
Book editors for hire typically charge by word count or page count. Some charge by the hour, but that’s rare, especially for editing long books. Knowing your total word count is essential to an editor’s cost estimations for taking on your project.
Editors often work with minimal supervision and may be expected to make decisions on their own. For the right person, this level of independence can be very rewarding. Many freelance editors enjoy the freedom to work from home, set their own hours and choose their own projects—which takes discipline.
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