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Is publishing badly paid?

Is publishing badly paid?

Publishing staffers have spoken out on low pay and poor transparency on salaries in the industry. Many others have also described the difficulty of managing on low salaries.

How much of a cut do publishers take?

Under standard royalties, an author gets roughly 20 to 30\% of the publisher’s revenue for a hardcover, 15\% for a trade paperback, and 25\% for an eBook. So, very roughly, every hardcover release that earns out brings the author something like 25\% of all revenue earned by the publisher.

Is publishing a dying field?

However, contrary to popular belief, the industry is not at risk of dying – far from it. As Samantha Forge points out in her recent article for Kill Your Darlings, book publishing employees could be seen as excellent value for money because they cost their employers less than in other industries.

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How much do publishing assistants make?

The national average salary for a Publishing Assistant is $39,988 in United States.

How much do you earn at a publishing house?

At 7.5\%, an author gets Rs15 for every book sold (at an MRP of Rs 200). For a Rs 100 book, the Royalty is Rs 7.5 a book. Royalties above 12.5\% are very rare, a few successful ones even manage to get upto 20\% as Royalty. But those are the ones who sell upwards of 75000 copies per book.

How much do publishing jobs pay?

Publishing Industry Salary

Annual Salary Monthly Pay
Top Earners $158,000 $13,166
75th Percentile $116,500 $9,708
Average $77,983 $6,498
25th Percentile $39,500 $3,291

How much is the UK book industry worth?

The market size, measured by revenue, of the Book Publishing industry is £5.7bn in 2021. What is the growth rate of the Book Publishing industry in the UK in 2021?