The difference between remuneration and royalties, how to choose remuneration and royalties
Remuneration and royalties were the two main sources of income for novelists. Author's remuneration referred to the remuneration that the author received based on the copyright of the work. It was usually calculated according to the number of words, chapters, pricing, and other factors. Generally speaking, the remuneration was paid directly to the author, so it was more transparent and easier to compare. However, the amount of remuneration was often low. For a novel, remuneration might only be a part of its total income. Royalty refers to the royalty that the author receives based on the copyright of the work. It is calculated based on the total price of the work multiplied by the royalty rate. Royalty rates were usually based on the total number of words, pricing, market conditions, and other factors. Therefore, the royalty amount would be relatively high. For some popular and highly popular novels, the royalty could even reach thousands of dollars or even higher. When choosing remuneration or royalties, one had to consider the market value of their work, the audience, the word count, and other factors. If the work was popular and had a high market value, it might be more appropriate to choose royalties. If the audience for the work was small or the market situation was not optimistic, then choosing remuneration might be more appropriate. Of course, if the work was excellent and the remuneration was high enough, then he could choose either.
