Payroll changes for SAG/AFTRA Contracts
There are some scheduled changes that will take place as of April 1, 2011 in the AFM Commercials Contract and the SAG/AFTRA Commercials Contracts for both radio and television which will affect advertising costs.
AFM Pension contributions increase to 13.08% on April 1, 2011. This is a Federally mandated increase that was scheduled for implementation in two phases. The first increase took place on June 1, of 2010 (to 12.48%) with the second increase to 13.08% scheduled to take effect on 4/1/11. Continue reading... “Payroll changes for SAG/AFTRA Contracts”