Today I was researching about average payments regarding the fashion business. No, I won`t ask for a raise, I just thought it could be a good idea to check it out.
The best site I found about it was http://www.bls.gov of the US government`s labor department. Here are some cool facts I found there:
Fashion designers held about 22,700 jobs in 2008. About 31 percent of fashion designers worked for apparel, piece goods, and notions merchant wholesalers; and 13 percent worked for apparel manufacturers. Many others were self employed.
Employment of fashion designers tends to be concentrated in regional fashion centers. In 2008, the highest numbers of fashion designers were employed in New York and California.”
Median annual wages for salaried fashion designers were $61,160 in May 2008. The middle 50 percent earned between $42,150 and $87,120. The lowest 10 percent earned less than $32,150, and the highest 10 percent earned more than $124,780. Median annual wages of salaried fashion designers in the largest industries that employed them in May 2008 were:
|Management of companies and enterprises||$72,560|
|Cut and sew apparel manufacturing||66,000|
|Apparel, piece goods, and notions merchant wholesalers||61,600|
|Specialized design services||59,560|
Earnings in fashion design can vary widely based on the employer and years of experience. Starting salaries in fashion design tend to be very low until designers are established in this occupation. Salaried fashion designers usually earn higher and more stable incomes than self-employed or freelance designers. However, a few of the most successful self-employed fashion designers may earn many times the salary of the highest paid salaried designers. Self-employed fashion designers must provide their own benefits and retirement.”
What do you think about it? Is it correct? Or… is it fair enough? 😉