Showing posts with label royalties. Show all posts
Showing posts with label royalties. Show all posts

Wednesday, May 21, 2014

When It Comes to Contributors, Who's the Boss?

Well, maybe not that cranky.
What happens when an author the publisher is the "boss" over a contributor?

I'll tell you what. The publisher gets cranky.

Let's say you're authoring a book on, say, data management in hospitals. You feel fully confident in writing pretty much every chapter, but you feel less sure about the content in two of those chapters. So you decide to have someone else write those chapters for you.

That person would be a contributor, and their chapters (yes, I wrote "their" instead of "his or hers" or some other dastardly construct) would become part of your book, part of your intellectual material. Contributors are usually compensated for their contribution to the book, but are usually not part of the royalty structure.

In essence, the author hires the contributor to do some work -- in this case, to write two chapters -- and pays the person for that work. The author, then, is the "boss." The budget master. The decider.

This role can seem to conflict with the author's relationship with the publisher, in which the publisher is the boss, so to speak. When that happens, the author may turn to the publisher to do things he should be doing himself. (See how I switched gender up, there?)

Yeah, that's not good.

When you're the author, you are responsible for:

  • Finding the contributor
  • Telling the contributor exactly what you want done
  • Negotiating with the contributor what he will be paid for each piece of work
  • Reviewing the contributor's work
  • Sending the work back to the contributor if it isn't what you wanted, and then working with the contributor to provide the correct content
  • Performing a final review of the work to make sure it's exactly what you want
  • Letting the publisher know exactly what you've asked the contributor for, what they supplied, and how much the publisher should pay, assuming the payments will come out of the author's royalties, the typical scenario

The publisher is generally, but not always, responsible for:

  • Developing a contributor agreement based on specific information supplied by you, the author
  • Sending the agreement for signatures, electronic or otherwise
  • Securely storing the executed agreement
  • Paying the fee for the contribution, usually when the book publishes, sometimes before

So don't ask the publisher to tell you what you should pay to a contributor. Don't ask the publisher, "Can you take care of paying Such And So for doing those chapters?" Don't assume the publisher will play a boss-like role in that author-contributor relationship, because that will make them cranky. (Whoops, went back to plural, there.)

Happy, good.

Cranky, baaaad.




Friday, January 11, 2013

How Publishers Pay Health Care Textbook Authors

"Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the 'gotta have it' scale." —Zig Ziglar

New authors often wonder how they'll get "oxygen" for the book they write. In health care educational publishing, two options are by far the most common, royalties and .work made for hire payments. Let's take a look at each one.

Royalties

The majority of health care textbook authors make money through royalties, an amount of money based on a percentage of sales of the book. The percentage typically used is called a net royalty, meaning that the actual payment will be based on what the publisher actually receives for each book sold.

The list price of a book might be $75.95, but because of discounts to distributors and chain bookstores, the publisher might average just $50.47 for an actual sale. The net royalty is calculated on that amount.

Royalties are often paid twice yearly, once in the spring and once in the fall, though some publishers distribute quarterly. Check with your publisher for their royalty payment schedule.

Work made for hire

Sometimes a health care publisher will form an agreement with one or more individuals to develop a book on a "work made for hire" basis, often abbreviated "work for hire" or WFH. In such cases the author is paid a certain amount to create certain content.

At that point the relationship usually ends. The publisher is typically free to do with that content whatever it wishes, and the author is free to write for another publisher, even on the same topic.

Payment in such cases, as a rule, is based on whether the author has supplied "acceptable" content. If the publisher deems the content acceptable, the payment is generated.

So, which is best?

There is no "best" answer to that question. With a royalty arrangement, the better the book sells the more the author makes. And then twice a year (or more, depending on the publisher), a check arrives without you having to lift a finger.

Royalty arrangements, though, mean that you won't receive any payment until well after the book is finished, bound, and plunked on a bookstore shelf. So the entire time you're writing the book, you're working without payment, something few of us are accustomed too.

For WFH arrangements, payment comes soon after you finish writing, no strings attached (generally). But then the payments are finished, no checks showing up in your mailbox every now and again. And if the book sells well, you won't share in that success; you'll have already made your money.

Either way you make money; often it's more a matter of when.