Personal Managers usually earn a commission in the range of __% of the band's gross income after certain deductions have been subtracted.

Personal Managers usually earn a commission in the range of __% of the band's gross income after certain deductions have been subtracted.

• A. 5-10
• B. 10-20
• C. 20-30
• D. 30-40

Answer: (B)

Personal managers are paid a commission on the artist’s earnings, not a fixed salary. This fee is typically a percentage of the band’s income after certain deductions. In practice, 10–20% is the standard range, with 15% being especially common for active, ongoing management. Rates below this (5–10%) are less typical for full-time management, while rates above this (20–30% or 30–40%) are usually reserved for special arrangements or exceptional levels of service. So the best answer reflects the common industry norm: 10–20% of net income after deductions.

Personal managers are paid a commission on the artist’s earnings, not a fixed salary. This fee is typically a percentage of the band’s income after certain deductions. In practice, 10–20% is the standard range, with 15% being especially common for active, ongoing management. Rates below this (5–10%) are less typical for full-time management, while rates above this (20–30% or 30–40%) are usually reserved for special arrangements or exceptional levels of service. So the best answer reflects the common industry norm: 10–20% of net income after deductions.