What does Corporate/Educational Agreement mean?
Corporate/Educational Agreement is the SAG-AFTRA contract that covers actors, narrators, and voice-over talent working in corporate videos, training videos, industrial films, and educational media. This agreement ensures that performers in these projects receive fair pay, health and pension benefits, and residuals, while offering flexible pay rates to accommodate the often lower budgets of these productions.
Key Points of the Corporate/Educational Agreement:
- Flexible Pay Rates: Pay scales under this agreement are adjustable to fit corporate and educational budgets while ensuring union talent is compensated fairly.
- Residuals for Use in Multiple Markets: Actors are entitled to residuals if the video is used in more than one market, such as online distribution or internal corporate use.
- Health and Pension Benefits: Performers in corporate or educational media projects receive health and pension benefits based on their work.
Negotiation Tips:
- Higher Pay for High-Profile Projects: For large corporate training videos or widely distributed educational content, actors may negotiate for higher pay rates.
- Buyout Options: For certain projects, actors may negotiate a one-time buyout in lieu of residuals, especially if the content will not be widely distributed.
- Back-End Bonuses: For projects used in multiple markets, actors can negotiate for back-end bonuses based on the content’s distribution or viewership.
Example:A corporate trainer used the Corporate/Educational Agreement to hire SAG-AFTRA talent for a training video, ensuring fair pay and union protections.
Example: An actor in an industrial training video negotiated for higher pay due to the video’s widespread distribution within the company.
Did You Know?
Actors in corporate and educational videos receive union protections, including health and pension benefits, while ensuring flexible pay rates for smaller budgets!
Learn More:
For more detailed information, visit the official SAG-AFTRA Corporate/Educational Agreement page.