The Producer-Screen Actors Guild (SAG) Codified Basic Agreement is an important agreement that governs the working relationship between producers and screen actors. This agreement sets the standard for working conditions, salaries, and benefits for actors, and it ensures that they are treated fairly and their rights are protected.
The Codified Basic Agreement is negotiated between SAG and the Alliance of Motion Picture and Television Producers (AMPTP), which represents producers in the entertainment industry. The agreement covers a wide range of issues, including compensation, residuals, working conditions, and safety on set.
One of the key aspects of the Codified Basic Agreement is compensation. The agreement sets minimum pay rates for actors based on the type of production they are working on. For example, actors working on a low-budget film are paid a lower rate than those working on a major studio production. Additionally, the agreement requires producers to provide health and pension benefits to actors.
Another important aspect of the agreement is residuals. Residuals are payments that actors receive when their work is reused or distributed in different formats. For example, if a movie is released on DVD or shown on television, the actors receive a percentage of the revenue generated from that distribution.
The Codified Basic Agreement also includes provisions for working conditions and safety on set. This includes requirements for rest periods, meal breaks, and safe working conditions. Additionally, the agreement requires producers to provide insurance for actors in case of injury on set.
Overall, the Producer-Screen Actors Guild Codified Basic Agreement is an essential tool for protecting the rights and ensuring fair treatment of screen actors. By setting standards for compensation, residuals, and working conditions, the agreement helps ensure that actors are paid fairly and treated with respect.