What standard should voice talent use when charging for audio book work--by the word or by the hour?

+3 votes
asked in Quoting and Rates by herbmerriweather (180 points)

1 Answer

+3 votes
It's usually by the finished hour. And general rule of thumb is that an 11-hour finished job should take 22 hours of actual recording time.
answered by jamesclewis1 (200 points)
The problem with audiobooks isn't so much the recording but the editing (for those who record them in their home studios). I gave up on recording books after I calculated the ROI and found that it wasn't worth my trouble.
Indeed, working editing time in, too, ups the cost and may add an additional 2-4 hours to the timeline, depending on editing skill level.
As someone who actually does audio-book narration and his own editing I can vouch for the time factor.

It takes AT LEAST twice (sometimes three) times as long to edit a piece as it does to record it.  

So yeah, when I have to do it ALL myself, I charge for actual time. which actually comes out to about 2 and half times as much as I would charge to just record it and let someone else edit it.

or

Alternatively, for authors with small capital, that I think could really take off, I've been asking for a retainer ($250) with a percentage of the profits (15%) for the life of the audio book.

Having said that, standard according to Voices.com is
$150 per hour long recording session
or
$500 per hour of produced audio

Here's the "Official" Rate Sheet
http://www.voices.com/documents/Voices.com-Voice-Over-Rate-Sheet.pdf

Sorry to prattle on, did I even answer the question?
Yep. Pretty thorough. Thank you.