Agents and Business Managers of Artists, Performers, and Athletes typically handle contract negotiations, bookings, scheduling, and promotional activities for their clients. They seek out opportunities for their clients to advance their careers, negotiate deals on their behalf, manage their finances, and provide overall guidance to help them succeed in their respective industries. These professionals often act as intermediaries between their clients and employers or event organizers, ensuring that their clients' best interests are represented and that they are fairly compensated for their work.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
---|---|
10th percentile | $47,070.00 |
25th percentile | $47,100.00 |
median (50th percentile) | $47,100.00 |
75th percentile | $47,100.00 |
90th percentile | $79,170.00 |
Hourly Pay Distribution | Hourly Rate |
---|---|
10th percentile | $22.63 |
25th percentile | $22.64 |
median (50th percentile) | $22.65 |
75th percentile | $22.65 |
90th percentile | $38.06 |
Agents and Business Managers of Artists, Performers, and Athletes typically require a bachelor's degree in fields such as business, marketing, or a related field. Strong communication, negotiation, and interpersonal skills are vital for success in this role. While formal education is important, relevant work experience, such as internships or prior employment in talent management or marketing, can also be beneficial in this competitive field. Having completed high school is necessary, but a college degree is often preferred by employers for this position. Training for Agents and Business Managers of Artists, Performers, and Athletes involves gaining hands-on experience in negotiating contracts, understanding industry regulations, building relationships with clients and organizations, and staying updated on trends within the entertainment and sports industries. This training can occur through internships with established agencies, mentorship programs, workshops, and networking events that provide valuable insights into the day-to-day responsibilities of managing talent effectively. Ongoing professional development and staying current with industry practices are also key components of advancing in this career.