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Author Topic: Something positive at IS, royalty rate stays the same next year  (Read 10696 times)

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traveler1116

« on: December 19, 2012, 15:34 »
0
http://www.istockphoto.com/forum_messages.php?threadid=349961&page=1

    If you moved up during 2012 by hitting new levels/targets you will stay at your new rate going into 2013
    If you have not made it back to your 2012 level you will not move down on Jan 1, instead you will stay at your current level/rate going into 2013
    RC counts will still reset as of Jan 1, the 2013 RC targets will remain as they are, and if you reach a new level target during 2013 you will automatically move up
« Last Edit: December 19, 2012, 15:47 by traveler1116 »


« Reply #1 on: December 19, 2012, 16:12 »
+1
Is that 'something positive'? I'd have thought that only an increase in royalty rates could be described as such.

traveler1116

« Reply #2 on: December 19, 2012, 16:14 »
0
Is that 'something positive'? I'd have thought that only an increase in royalty rates could be described as such.
If you were set to lose a level then this is an increase, I certainly wasn't expecting them to do this.

Microbius

« Reply #3 on: December 19, 2012, 16:24 »
+8
Any warm feelings you feel about this are just Stockholm syndrome kicking in. So they've loosened the boot on our necks, or at least not stamped down any harder. They still have the worst rates out there.

« Reply #4 on: December 19, 2012, 16:26 »
+4
It's very good news for those 40%-ers who were going to drop (and I know there were a few). They get a year at their old rate - as I mentioned to one of them, they get a year to plan because if sales don't pick up, they'll be dropping to 35% in January 2014. At worst, this allows them to plan an orderly exit.

I think there's a small number of people for whom this is a very big deal, and I'm very happy for them. No one should be fooled into thinking everything's all better now though.

« Reply #5 on: December 19, 2012, 16:49 »
+1
http://www.istockphoto.com/forum_messages.php?threadid=349961&page=1

    If you moved up during 2012 by hitting new levels/targets you will stay at your new rate going into 2013
    If you have not made it back to your 2012 level you will not move down on Jan 1, instead you will stay at your current level/rate going into 2013
    RC counts will still reset as of Jan 1, the 2013 RC targets will remain as they are, and if you reach a new level target during 2013 you will automatically move up


I don't fully understand the part bolded. If you moved up during this year you should stay at your new level anyway for next year, don't you?

Microstock Man

  • microstockman.com

« Reply #6 on: December 19, 2012, 16:53 »
0
http://www.istockphoto.com/forum_messages.php?threadid=349961&page=1

    If you moved up during 2012 by hitting new levels/targets you will stay at your new rate going into 2013
    If you have not made it back to your 2012 level you will not move down on Jan 1, instead you will stay at your current level/rate going into 2013
    RC counts will still reset as of Jan 1, the 2013 RC targets will remain as they are, and if you reach a new level target during 2013 you will automatically move up


I don't fully understand the part bolded. If you moved up during this year you should stay at your new level anyway for next year, don't you?


ditto. Isn't that standard anyway?

traveler1116

« Reply #7 on: December 19, 2012, 16:55 »
0
http://www.istockphoto.com/forum_messages.php?threadid=349961&page=1

    If you moved up during 2012 by hitting new levels/targets you will stay at your new rate going into 2013
    If you have not made it back to your 2012 level you will not move down on Jan 1, instead you will stay at your current level/rate going into 2013
    RC counts will still reset as of Jan 1, the 2013 RC targets will remain as they are, and if you reach a new level target during 2013 you will automatically move up


I don't fully understand the part bolded. If you moved up during this year you should stay at your new level anyway for next year, don't you?

I think they were just trying to be clear, nothing changes if you moved up a level this year.

« Reply #8 on: December 19, 2012, 17:06 »
-7
Why so negative towards everything? would you have prefered a lower rate? so more silly threads would come about.

« Reply #9 on: December 19, 2012, 17:09 »
0
I was going down to 16% next year and now I'll stay at 17%.  They're only giving back what they were going to take away and I still don't feel a huge motivation to upload new stuff.  It's going to be hard to maintain 17% when so many buyers have gone to Thinkstock.  If they really want to be fair, they need to lower the RC's a lot to reflect that.

ShadySue

« Reply #10 on: December 19, 2012, 17:12 »
+1
"We understand that not everyone benefits from this announcement, but as stated above our analysis showed this to be the most effective way to impact the largest number of contributors quickly and effectively."
Which seems to mean that an awful lot of contributors were headed to drop a step.
That's quite an admission, which took guts for them to broadcast.
Felicitations to those saved for next year at least.

« Reply #11 on: December 19, 2012, 17:13 »
0
They have listened.
We are being listened to.
I like that.

« Reply #12 on: December 19, 2012, 17:18 »
0
I'm at 16% now. I was going to stay at 16% next year. I'm still going to be at 16%. Let the suckage continue.

KB

« Reply #13 on: December 19, 2012, 17:38 »
0
Not positive for me since I'm firmly in the middle of 2 of the big zones, but I'm happy for the few this will be good for.

I'm still upset at having to endure a pay cut last year for half a year or so until I climbed up to the next level. I had missed the cutoff by a stupid 200 RCs.  >:(

« Reply #14 on: December 19, 2012, 18:14 »
+1
It is good for me, because I was about to drop to 30% which would have made me look for the express exit to independence once I got my website done, my files sorted etc...

I will still continue to build my site, but at least I can enjoy Christmas and New Year with family and friends.

My site will anyway drive the traffic to my istock lightboxes for the time being. But from next year on I will actively promote my site to build my brand. I have completly neglected that over the years. But the website can also be used to promote my workshops, or do events at my studio etc...it doesnt all have to be about stock.

And for many of us this means that they are still interested in keeping their exclusives.

At least for now.


ShadySue

« Reply #15 on: December 19, 2012, 18:15 »
+1
Not positive for me since I'm firmly in the middle of 2 of the big zones, but I'm happy for the few this will be good for.

I'm still upset at having to endure a pay cut last year for half a year or so until I climbed up to the next level. I had missed the cutoff by a stupid 200 RCs.  >:(
They should let us carry forward our 'surplus' RCs.

Ed

« Reply #16 on: December 19, 2012, 19:09 »
0
...and inflation increases by a rate of 4%....leaving you with 4% less in the end.

Not sure how that's positive?

« Reply #17 on: December 19, 2012, 19:25 »
+2
Its too little, too late.  Completely meaningless for many of us.

tab62

« Reply #18 on: December 19, 2012, 20:25 »
+2
This kind of news is like telling a Chicago Cubs fan it will not get any worse next year since we already had the worst record in baseball- big deal...

« Reply #19 on: December 19, 2012, 21:34 »
+1
It is good for me, because I was about to drop to 30% which would have made me look for the express exit to independence once I got my website done, my files sorted etc...

I will still continue to build my site, but at least I can enjoy Christmas and New Year with family and friends.

My site will anyway drive the traffic to my istock lightboxes for the time being. But from next year on I will actively promote my site to build my brand. I have completly neglected that over the years. But the website can also be used to promote my workshops, or do events at my studio etc...it doesnt all have to be about stock.

And for many of us this means that they are still interested in keeping their exclusives.

At least for now.

I'm in the same boat as you and doing exactly the same thing... just gives me a bit more breathing space to get all those "ducks" in order

« Reply #20 on: December 19, 2012, 22:02 »
+1
Any warm feelings you feel about this are just Stockholm syndrome kicking in. So they've loosened the boot on our necks, or at least not stamped down any harder. They still have the worst rates out there.

Superbly expressed. I'm still of the opinion that the downward trajectory of sales, as illustrated in Sean's and others' graphs, will continue on the same path. Within a couple of years or so ... Istock could be largely irrelevant. Then they can stick their f*cking 'RC system' where the sun don't shine.  Intersting times ahead!

lisafx

« Reply #21 on: December 19, 2012, 23:21 »
+1
Considering I was going to drop from 19 to 18%, this is some what of a relief.  Not a big improvement, but nice not to drop.  It is definitely an acknowledgment from the folks running things that contributors have been pushed to their limits.  I'm pleased for exclusives who might be favorably affected by this.

Yes, problems continue at Istock, but it is a positive sign that the new Getty owners seem to be expressing some interest in improving things for contributors.  Maybe this will be the beginning of more positive movement there.  I'm not holding my breath, but I am hopeful.

« Reply #22 on: December 20, 2012, 01:05 »
0
its not positive at all... its the smoke and mirrors they are doing to keep exclusives exclusive as long as possible till they squeeze that last drop!

« Reply #23 on: December 20, 2012, 01:22 »
+3
This is not a positive nor a negative thing. It's a NEUTRAL thing.

« Reply #24 on: December 20, 2012, 01:25 »
-1
Considering I was going to drop from 19 to 18%, this is some what of a relief.  Not a big improvement, but nice not to drop.  It is definitely an acknowledgment from the folks running things that contributors have been pushed to their limits.  I'm pleased for exclusives who might be favorably affected by this.

Yes, problems continue at Istock, but it is a positive sign that the new Getty owners seem to be expressing some interest in improving things for contributors.  Maybe this will be the beginning of more positive movement there.  I'm not holding my breath, but I am hopeful.

I am in the same boat as you!  so I am actually well pleased. Besides I can see sales here are increasing quite a bit, might be a before X-mas rush, dont know but its way better then before.


 

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