The profit-sharing scheme is designed to relate authors' remuneration directly to the sales (and sale price) of their own work, while giving each author a vested interest in everyone else's success, and in the overall profitability of the enterprise. The higher the turnover, the higher the royalty rate. Dividends distributed to authors are currently set at 30% of net revenue, but it is our intention that this should rise to 70% or more. Authors of free-standing titles normally receive 100% of the declared dividend, provided that work has been submitted in an HEB template and in accordance with the HEB style sheet (costs incurred in formatting work that is not submitted in suitable form will be deducted from the sums due). In the case of works belonging to an edited series, 20 to 25% of the dividend will go to the editor.
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