Posted Mon Oct 29, 2012 7:41AM
Below are the 2013-14 Redeemed Credit targets for iStock contributors.
There will be no changes to any of the RC targets over the previous year's targets. All redeemed credit targets for all file types will stay the same for 2013.
These targets will determine your starting/minimum royalty rate for 2014. If you reach a new target during the remainder of 2013 you will move up to the higher royalty rate, otherwise your current rate will remain in effect until the end of the year.
If you fail to reach your 2013 target, you will not drop a royalty rate at the start of 2014. If you miss your target, you will have your current royalty rate grandfathered. For example, if someone who is now on 30% only got 10,500 RCs by the end of the year and missed the 30% target by 500 then they will still start next year earning 30%.
Here are the 2013 rates:
(Edited on 2013-12-01 04:56:38 by kelvinjay)