Paul Steiger, the editor-in-chief of non-profit investigative news site ProPublica earns a salary of $571,687 (approximately £366,701), according to figures reported by the organisation to the IRS.
In 2009, the organisation employed 47 people and five volunteers. Salaries for senior staff in 2009 included $343,463 for managing editor Stephen Engelberg and $320,978 for treasurer and secretary Richard Tofel.
Steiger is very open about his approach to staff pay, as he told the New York Observer in 2007, “I’m prepared to spend $200,000 on the exact right person, but if the exact right person isn’t there, then I’ll get three people at $60,000.”
Propublica is mainly good at publicizing itself and that has been Steiger’s gift too.