How much is a weekly editor worth?

Good piece in The Guardian yesterday about a day in the life of the Leigh Journal by John Harris. It told of the uphill battle by editor Mike Hulme and news editor Brian Gomm to bring out the Newsquest-owned weekly paper with a staff of three, including themselves. Both are journalists with decades of experience in the regional press. I was left wondering what all that experience is worth to Newsquest and what these journalist earn. Looking at the jobs further on in The Guardian I hope it is more than a press office manager's post for the Borough of Barking & Dagenham, which is advertised with a salary of between £40,194 and £42,813, but I very much doubt it.