Royalty bump

Displaying 1 to 4 of 4 matches.
Creative_Improv
Member is a Bronze contributor and has 250 - 2,499 Photo downloadsExclusiveMember has had a submission accepted to the Designer Spotlight
Posted Thu Aug 9, 2012 12:07PM
Quick question. I'm a non-exclusive contributer and just passed 2000 redeemed credits a few days ago. My stats tab on my profile still shows 15% royalty instead of 16% - the rate for 2000 RC and up. I've never had a royalty bump to know how long it takes to go into effect. Any advice, thoughts on when this will happen? Do they send us an email notifying us?
Creative_Improv
Member is a Bronze contributor and has 250 - 2,499 Photo downloadsExclusiveMember has had a submission accepted to the Designer Spotlight
Posted Thu Aug 9, 2012 12:24PM
I think I just found my answer - I forgot that redeemed credits for this year only affect next year's royalty rate. Is this correct?
pixelfit
Member is a Silver contributor and has 2,500 - 9,999 Photo downloadsExclusiveMember has had a File Of The Week.
Posted Thu Aug 9, 2012 2:30PM
Correct, the new targets are not announced yet.
sjlocke
Member is a Black Diamond contributor and has more than 200,000 Photo downloadsMember is a Gold contributor and has 5,000 - 12,499 Video downloadsMember is a Bronze contributor and has 125 - 1,249 Audio downloadsMember is a contributor and has more than 0 Logo downloadsMember is a Bronze contributor and has 250 - 2,499 Flash downloadsMember is a Silver contributor and has 2,500 - 9,999 Illustration downloadsExclusiveExclusive iStockphoto IllustratorExclusive iStockphoto Flash ArtistExclusive iStockphoto VideographerMember has had a File Of The Week
Posted Thu Aug 9, 2012 4:46PM

Posted By Creative_Improv:
I think I just found my answer - I forgot that redeemed credits for this year only affect next year's royalty rate. Is this correct?


If the new levels had been announced and you achieved one of next years targets this year, you would be bumped up for the rest of this year and all of next. Since the levels have not been released for next year, you will be tasked with trying to get retro pay for the new level from when you achieved it. Good luck with that.
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Displaying 1 to 4 of 4 matches.
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