The amount of money an editor receives will depend upon a few factors, including the editor's experience, the size of the publishing company, the type of work they are doing, and the number of hours they are dedicating to the task.
Experienced editors tend to make more, especially if they specialize in a particular topic or genre. If you are an experienced editor and you specialize in a particular topic, you may find that you can charge more per hour or charge per word or page.
The size of the publishing company also affects the amount of money an editor receives. Larger companies typically have greater budgets, which in turn results in more money for editors.
The type of work an editor does is also important. An editor who works exclusively on print material may charge more than one who works online or in web content, since they need to understand different formatting requirements.
Finally, the number of hours an editor commits to work will also influence how much they are paid. The more hours they can dedicate and the more projects they can take on, the more money they will likely receive.
Overall, the amount of money that editors make will depend on the above factors and can vary greatly depending on the industry, the editor’s experience, the size of the company, and so forth. To learn more about editing and how much editors make, you can check out Editors Canada’s Guide to Freelance Editing Rates here https://www.editors.ca/documents/guide/guide.pdf.