What is the industry standard commission for a Manager and
an Agent?
Answer / guest
Managers are usually paid a commission of the artist's
gross receipts. This commission, which many times may
escalate depending on the artist's success, may be anywhere
from 10 to 20 percent. As compensation for these services,
an agent usually receives between 10 and 15 percent of the
artist's gross earnings earned from employment secured by
the agent. This percentage rate may vary depending on many
factors including, the state law, type of work, length of
time and/or the ability of the artist to favorably
negotiate the contract with the agent. For example, under
New York law, agents can only charge performing artists a
maximum of ten percent commission for securing engagements.
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Imagine that your appointed as the manager of a reputed company. How will you plan the various activities in your organisation
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26 Answers Airtel, CPI, Insurance,
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