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Equity contracts for individual members usually cover jobs in three categories: Principal, Chorus and Stage Manager. ... The Principal contract is used for all principal actors and most stage managers. The Chorus contract is used for those actors who are primarily performing chorus work.

Their rates are valid as of March 2018 and are scheduled to remain through March 3, 2019. The current minimum salary for an Equity performer on Broadway is $2,034 a week. But that figure can increase depending on the particular demands of any given track.

These agreements provide minimum salaries, benefits, job security and numerous other provisions to ensure safe working conditions and a work environment where actors and stage managers are protected. Equity contracts for individual members usually cover jobs in three categories: Principal, Chorus and Stage Manager.

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The Actors' Equity Association (AEA), commonly referred to as Actors' Equity or simply Equity, is an American labor union representing the world of live theatrical performance, as opposed to film and television performance (which is represented by SAG-AFTRA).

An equity agreement states the share of the business that each party owns. Generally established as part of a startup's founding agreement, there are templates that can help.

According to CareerTrend.com, actors who are members of the Actor's Equity Association receive a minimum salary of $1,653 per week for either musicals or plays, as of August 2019. Those working a split week, which is less than a full week's worth of work, receive $952 per week.

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Equity Stage Manager Minimum $10.67/hr. Circus Stage Manager $11.54/hr. TheatreWorks Stage Manager $14.97/hr. Cruise Ship Stage Manager $15.75/hr.

Actors must provide AEA with a written statement from their union proving they have been a member for at least a year and are in good standing. The second, and perhaps the quickest, way to join is to be offered a role in a show that requires an Equity contract.