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The author's name can be found after the words by or written by. The illustrator's name can be found after the words art by or illustrated by. The author and the illustrator's names can be found on the front cover of the book. Sometimes the author and illustrator are the same person.
The average annual salary for authors is $41,260 per year. Authors' salaries can vary greatly depending on several factors, including publishing method and genre.
We agree to pay an author/illustrator an advance against royalties. A proportion of this is paid when we sign the contract with the author/illustrator; a proportion is paid on the delivery of the work that they've agreed to do; and a proportion is paid on the publication of the book.
If you're the author or author/illustrator, you'll get the full royalty rate. This is typically 10% but could be lower or higher depending on the publisher and negotiations. There may even be a step clause in the contract where the royalty amount gets higher when you hit certain benchmarks.
In self-publishing, the author usually pays a flat fee for the illustrator's services, rather than ongoing royalties. When the project is complete and payment has been made in full, the contract specifies that the copyright for the images is transferred to the author to publish, market, and sell their book.
PayScale.com reported a total pay range (including bonuses and commission) of $14,732 to $99,912 for book illustrators in April 2018. It also reported these salary ranges which show how much illustrators make based on experience: Entry-level: $21,716 - $66,212. Mid-career: $29,187 - $80,178.
Picture book illustrators often earn a higher advance than the author, but they generally earn the same royalty percentages. Rather than a lump sum, most advances for picture books are divided into halves or thirds and paid at specified stages of the two-to-four-year editing and production process.
A typical book author barely makes more than minimum wage. You receive an advance and 10% royalties on net profit from each book. If your book retails at $25 per copy, you would need to sell at least 4,000 copies to break even on a $5,000 advance.
In self-publishing, the author usually pays a flat fee for the illustrator's services, rather than ongoing royalties. When the project is complete and payment has been made in full, the contract specifies that the copyright for the images is transferred to the author to publish, market, and sell their book.
Writing for children is a career where anything is possible. The top 1% of children's authors made more than $200,000 last year. It's also possible to become an overnight success.