Modeling Industry Earnings Potential
The pay and compensation that you can receive as a model varies from job to job and it also changes as you get more and more jobs. The greater the demand for you, the greater your salary can be and you agent will adjust this price for you as they feel appropriate. Your agent is the best judge of what you can earn and should be earning and they will most definitely be on your side, because they will earn more too.
Models can make lots of money and depending on the type of modeling you do you can actually make a huge amount per day you work. Plus size models also earn a lot of money as do male models and body models. For just using your hand or foot, you will get paid a wonderful amount for the day. Let’s look at each type in more detail:
Runway/ramp model – You can earn about $20 000 per show or an hourly rate of anywhere upward from $200. You will also get paid for fittings and rehearsals.
Hand model or foot model – You will earn a bit less than a runway model, but it will still be substantial at about $100 per hour. This job allows you to take on more work as you are not limited by a contract to work for just one product of a similar nature. If your face is shown however you cannot model for a competing product.
Photographic Model – You can earn anywhere from $100 per hour or $1,500 per day for catalogues and for advertising agencies $250 per hour or $10,000 per day is average.
Child Model – You can earn anywhere from $50 upwards for the day (about 5 hours)
Range Showing Model – You will earn a salary based on how many days you work and this amount can be higher than some photographic shoots or ramp work.
Lingerie Models – Due to the nature of this type of modeling, you can earn one and a half to twice the amount of regular modeling fees.
For all of the above you can also earn bonuses for traveling, modeling in extreme weather conditions, or in unusual, dangerous places. You are also paid overtime rates if you are on set for longer than the specified or allowed time period which is normally 12 hours for adults and 3-6 hours for children.
Other jobs in the modeling industry are those of photographer and agent. The photographer will earn about the same as a model by the hour or day of shooting. This is usually anywhere from $200 upwards depending on your experience and skills. You can also get paid extra bonuses for working in difficult situations and conditions.
Modeling agents will get paid a commission from each model’s job. This fee varies from agent to agent, but is usually between 10 and 20 percent. For lingerie modeling the agents can negotiate a higher fee to give them a 25 to 30 percent commission. The modeling jobs they get you with ad agencies and fashion shows will earn 15 to 20 percent, while film and TV work will allow them to take 10 percent.