I'm interested in the publishing industry. I work for a small online publisher in the DC area but would like to be in the lit agency biz. That would mean, of course, doing some time in the trenches and doing that time in NYC. Like DC, New York isn't cheap. So, that leaves me wondering. What is the average salary for the entry-level agent? How much mac and cheese will I have to eat until moving up the ladder?
Standard pay for an assistant in NYC is $10/hour. Sub-agents make their money on commission, which is usually next-to-nothing when starting out. In other words, get ready to sell your plasma for cash if you want to stay financially afloat.
Me? I'm in grad school full time, so I'm supported by my parents, to be perfectly honest. My job at the agency is really more about gaining enough experience to get a full-time job at a publishing house once I graduate, where I'll get a salary plus maybe health and dental.