Shutterstock raise details
Today I found an interesting news on Shutterstock forum. They decided to do some changes in their payout rates. To be short, you’ll get a raise - 3 cents.
• If you have earned $500 in lifetime earnings from Shutterstock, we will increase your payment per Standard License download to 33¢ per download. This is a raise of 3¢ (10%) per download over the current applicable rate of 30¢.
• If you have earned $3,000 in lifetime earnings, we will increase your payment per Standard License download to 36¢ per download. This is a raise of 6¢ (20%) per download over the current applicable rate of 30¢.
• If you have earned $10,000 in lifetime earnings, we will increase your payment per Standard License download to 38¢ per download. This is a raise of 8¢ (27%) per download over the current applicable rate of 30¢.
• If you have not yet reached these earnings levels, the current payout of 25¢ per download will remain in force. At midnight on the day your earnings hit these levels, you will automatically be upgraded in our system to the higher payout rate, and that rate will apply going forward.
• The royalty for Enhanced License downloads will increase to $28 per download for all submitters. This is a raise of $8 (40%) per download over the current rate of $20.
• All Referral, Footage, and CD-a-Month payout rates remain unchanged.
My private opinion is that this isn’t a raise. 
A 10% year on year increase is a raise. For some it is a 20% raise.
It may not be what you want, and it may not equalise them to other microsites but everyone will keep submitting to them because they have the turnover which makes their earnings hign dispite the low per picture amount.
I still think they need need to change their structure so that large photos earn more than one credit. I can see why the simple structure is seen as a positive to purchasers and SS (due to lower admin) but I think Purchasers would be happier to pay more for larger photos.
My 3c opinion anyway (thats half my payrise on 1 photo
)
First thank you for your comment.
Second
Yes it is a raise and I’m glad to hear this but USD every worth less and less (in other countries) every day. Last year 1 USD was 1.78 BAM and now it is 1.22 BAM. I hope you get it
More credits for hi res images is a must!