Science Fiction and Fantasy Writers of America announced that on September 1 the minimum payment rate will be increased to eight cents a word for short fiction sales to be counted toward qualifying writers for membership.
The current 6c/word rate has been in effect since mid-2014. SFWA explains:
In accordance with our mission to support and empower science fiction and fantasy writers, SFWA periodically reviews and adjusts the minimum payment rates for professional short fiction markets, known colloquially as the SFWA Pro Rate… This change is the result of market analyses conducted by SFWA Board members, along with a review of the effects of inflation on author compensation.
… SFWA supports fair compensation for writers. We hope the new Pro Rate will encourage short fiction publishers to increase their payment rates.
Works in qualifying markets are judged by the date they were purchased. Stories sold before September 1st, 2019 at the then-current qualifying rate will continue to qualify a writer for SFWA membership.
SFWA has slowly escalated its minimum rate over the past 15 years, as shown below:
- Prior to 1/1/2004 – 3c/word
- 1/1/04 to 6/30/14 – 5c/word
- 7/1/14 to 8/31/19 – 6c/word
- 9/1/19 – 8c/word
[Thanks to JJ for the story.]