Should I apply for 2 positions at the same company?

avg. salaries for entertainment development company positions

• Please provide average salaries for the following positions- specifically as it relates to entertainment development companies (ex: Imagine Entertainment). It will be important to cite your sources and ensure the averages are accurate and current. President & CEO The producer?s corporate title is usually chief executive officer, president or both. The producer is the team leader responsible for the ultimate creative and business bottom line of the company. Development VP The primary stewardships of the development vice president are in soliciting and discovering stories. Global Rights VP The global rights vice president is responsible for preparing the initial liquidation breakdown for each picture that comes under the scrutiny of an internal greenlight and the continuing revaluing, sales strategy, presales, and all initial and continuing rights liquidation of the company?s pictures. PR/Advertising VP The advertising and public relations vice president is responsible for establishing and sustaining the production company?s brand to the entertainment global trade and global consumers and establishing each picture?s initial brand with the global trade and global consumers. Business Affairs VP The business affairs vice president typically has a law degree and directs the deal documentation preparation for development and production-related issues, along with sophisticated rights sales and distribution. Finance VP The finance vice president manages the company?s cash flow, accounting, tax management, government agency reporting, management reports, and the company?s information systems.

• Answer:

  Hello - Thank you for your question. I located and consulted with Economic Research Institute via its sister company salaryexpert.com, with whom I negotiated a custom salary report for your exact organization type. According to their website, (www.erieri.com), "corporate managers, over 80 percent of the U.S. Fortune 500 companies, federal and local courts, and practicing consultants rely on ERI research products to set wages, salary structures, executive compensation, cost-of-living allowances, and relocation bonuses." Given your organization's initial financial level, representative Heidi advised that the report be structured around a baseline of $5 million in revenue. The report is below. If you need any additional clarification, please don't hesitate to ask. Thank you! jbf777 Researcher Google Answers ----- October 19, 2005 Google Answers Question 581423 Setting pay at start-up organizations can be difficult. There are many constraints that make it challenging to pay executive employees what they may consider a reasonable return for their efforts. In many cases, extra money needs to be retained in the company just to keep it solvent. The owner often takes little or nothing out of the company. In the future, the owner may wish to make up for past under-compensation by paying out more than the reasonable compensation level for some time period when the company proves to be profitable. Or employees may be rewarded with stock options or percentages or gross revenue from successful ventures, in order to make up for past under-compensation. That being said, competitive labor market levels as of October 19, 2005 for an organization in the Motion Picture Production Industry with annual revenue of $5 million are as follows. Position: Chief Executive Officer US National Average Base Salary*: $226,098 Position Description: Alternate Titles: CEO; Chairman of Board & CEO; General Manager; President Overview: Plans, develops, and establishes policies and objectives of organization in accordance with board directives and corporation charter. This is the top executive and principal organization leader in the organization. Title practices among companies vary; depending on the organization the position may have the title of Chairman of the Board & Chief Executive Officer, Chief Executive Officer, Chief Executive Officer & President, President, General Manager, or other combinations. However, this position is distinguished from others in that it is the top ranking executive and, in most cases, is the highest paid executive in the organization. Reports to the board of directors and often is a member of the board. Position: Vice President Planning and Development US National Average Base Salary*: $128,880 Position Description: Alternate Titles Long-Range Planning Executive; Planning & Development VP; Planning Top Exec Long-Range; Strategic Top Planning Executive; Top Long-Range Planning Exec; Top Strategic Planning Executive Overview Develops company objectives, develops strategic plans, and identifies company strengths and weaknesses, in order to achieve business opportunities, growth, and financial profitability, in concert with other top management members. Typically reports to CEO and has directors and managers reporting to this position. Position: Vice President Product Development US National Average Base Salary*: $107,003 Position Description: Alternate Titles: Chief Product Development Officer; Head of Research & Development; Product Development Top Officer; Top Product Development Officer; Top Research & Development Office Overview: Directs and coordinates all activities concerned with research, development, and marketing of new or improved products, processes and services. Typically reports to the Chief Executive Officer or Top Operations Officer, and Director Research & Development reports to this position. Position: Vice President Advertising US National Average Base Salary*: $86,783 Position Description: Alternate Titles: Advertising Top Officer; Chief Advertising Officer; Top Advertising Officer. Overview: Counsels and coordinates all organization divisions as to means of obtaining maximum advertising effectiveness in creating consumer demand. Aids marketing personnel in all divisions in developing marketing plans, and in the creation of advertising themes, development of programs, and selection of media. Typically reports to the Top Marketing and Sales Officer and has Director Advertising reporting to this position. Position: Vice President Legal US National Average Base Salary*: $118,951 Position Description: Alternate Titles: Chief Legal Officer; Legal Top Officer; Top Legal Officer. Overview: Directs and coordinates legal activities of an organization. Provide management with guidance in identifying the critical problems to which the application of legal principals to yield the greatest opportunities for minimizing risks and maximizing profits. Typically reports to Chief Executive Officer and has director level personnel reporting to this position. To carry out the responsibilities at this level requires a graduate degree from an accredited law school. Position: Vice President Finance US National Average Base Salary*: $169,469 Position Description: Alternate Titles: CFO; Chief Financial Officer; Financial Top Officer; Top Financial Officer. Overview: Directs and coordinates company's financial affairs according to financial principles and government regulations. Establishes major economic objectives and policies for the company. Directs and prepares financial analyses of operations for guidance of management. Typically reports to Chief Executive Officer or Chief Operations Officer and director level personnel report to this position. * US National Average Base Salary is the basic rate of pay and does not include bonuses or other forms of incentive pay. Source: Compensation survey data courtesy of ERI Economic Research Institute (www.erieri.com). ERI?s Salary Assessor survey software provides competitive salary survey data for more than 5,000 positions in 7,000 locations.