Income and benefits
According to the Bureau of Labor Statistics, the median annual wage for a producer was $74,420 in May 2019. The lowest 10 percent earned less than $35,480, and the highest 10 percent earned more than $173,680. The top paying industry was advertising, public relations and related services, where the median annual salary was $93,100 in 2019. The second highest paying industry was the motion picture and video industry ($87,790), followed by radio and television broadcasting ($64,030) and performing arts, spectator sports and related industries ($61,340).
A producers salary may be a percentage of ticket sales. Contrary to popular belief, only a few successful producers will earn extraordinarily high salaries.
Autonomy and Flexibility
The autonomy and flexibility in producers who are successful and experienced is high. Producers have the final say in the production they work for, whether is be staffing, budget or promotions. As the media industry is manic, however, flexibility is lower. Often, producers will find themselves working long hours and will have little flexibility or control over this.
Locations and commute
Opportunities for producers are likely to vary significantly in different locations. For example, in large cities where theater and film production is high, there is likely to be more employment opportunities and more career development opportunities. According to Zippia, the best states to be a producer, based on average salary and number of jobs available, are:
- New York, where the average annual salary was $92,662
- Rhode Island, where the average annual salary was $76,793
- California, where the average annual salary was $84,858
- Connecticut, where the average annual salary was $76,192
- Utah, where the average annual salary was $69,972
According to Zippia, the worst states to be a producer were Hawaii, Montana, Colorado, Wyoming and Kansas.
The largest employer of producers in the United States was the motion pictures and video industry, which employed 28% of all producers. The was followed by radio and television broadcasting (20%), self-employed workers (17%), performing arts, spectator sports and related industries (8%) and advertising and public relations (5%).
Producers will work in a sociable and fast paced environment where they will work under a lot of pressure and stress. Assignments can last anywhere from 1 day to a few months, and the whole process can be intense. Producers may have to work in unpleasant conditions (e.g., bad weather) and they may have to travel across the country.