For a high-prestige journal, you get 50 submissions per 1 published article.
Let's reject 80% of them right off the bat from the editorial desk.
We now have twenty articles left to properly peer review. I had originally said 15, so let's make it 15.
In order to get three peer reviews in an article, you have to email thirty people, because the conversion from "request to peer review" to "get a review" is 10%. So, to get 3 peer reviews, you have to email 30 people, and then maintain a funnel (some people dont respond, some people say maybe, some people say yes, but in a month, etc. etc. then reminders, follow-ups, etc.) until the peer review is done.
$200. Let's say the total cost of an employee is $50 / hour (salary + insurance + taxes). Surely it's plausible that it takes a total of 4 hours, spread across multiple months, to maintain multiple (start at 30 and then drop) threads of communication that eventually get a review to completion.
And I did not include in that calculation anything that even remotely includes any other administrative costs, or, heaven forbid, "how much the CEO makes"
>> In order to get three peer reviews in an article, you have to email thirty people, because the conversion from "request to peer review" to "get a review" is 10%. So, to get 3 peer reviews, you have to email 30 people, and then maintain a funnel (some people dont respond, some people say maybe, some people say yes, but in a month, etc. etc. then reminders, follow-ups, etc.) until the peer review is done.
All that is either handled automatically -sending emails to people who submitted articles on online submission systems- or performed by unpaid editors -soliciting reviews, desk rejection or communicating with authors to request clarifications or respond to questions, chasing reviewers, and so on, and so forth.
But, hey, if the editors in your journal get paid for all this drudgery, then please let me know where to apply.
Let's reject 80% of them right off the bat from the editorial desk.
We now have twenty articles left to properly peer review. I had originally said 15, so let's make it 15.
In order to get three peer reviews in an article, you have to email thirty people, because the conversion from "request to peer review" to "get a review" is 10%. So, to get 3 peer reviews, you have to email 30 people, and then maintain a funnel (some people dont respond, some people say maybe, some people say yes, but in a month, etc. etc. then reminders, follow-ups, etc.) until the peer review is done.
$200. Let's say the total cost of an employee is $50 / hour (salary + insurance + taxes). Surely it's plausible that it takes a total of 4 hours, spread across multiple months, to maintain multiple (start at 30 and then drop) threads of communication that eventually get a review to completion.
And I did not include in that calculation anything that even remotely includes any other administrative costs, or, heaven forbid, "how much the CEO makes"