It depends on how you define "good." Salary minimums from the current contract are higher than what most engineers in Silicon Valley (the typical example of "overpaid gentrifiers") get paid each week. Any role above the minimum is going to get paid more.
That doesn't count residuals or bonus payments.
Source:
http://defamer.gawker.com/heres-what-your-favorite-television-writers-make-1485130956
http://www.wga.org/contracts/contracts/mba
The primary reason individual writers are seeing salaries fall is the combination of shorter seasons (so if you're staff, a 10 episode show is only guaranteeing 14 weeks of pay, versus older shows where a 24-26 episode season was a lock) and competition for those positions.
Shorter seasons means at any given time there are more writers competing for the next contract.
That's not to say that TV writers shouldn't be trying to negotiate a better deal for themselves. Everyone wants to get the biggest paycheck they can get, but it's not like TV writers are working for minimum wage. They're already paid better than the vast majority of writers in the US.
This is missing a whole lot of extra pertinent information.
Let's go over it.
The strike partially deals with
the pension of healthcare fund writers buy into, because for the most part, they're contractors, not staffed employees.
There are a lot of issues at play in the negotiations between the WGA and AMPTP, but first and foremost is the pension and healthcare plan that writers can buy into. Right now, there is a projected $145 million shortfall in the WGA's healthcare and pension fund, and neither side wants to cover it.
In many industries, employers pay for much of their employees' health insurance premiums, but it's a bit different in the entertainment sector. With writers seasonably employed and often working on different shows and movies, they get their insurance through the union. It's a big pool of customers, so they have more buying power, and the studios pay sponsors a portion of the tab. But as with every other industry, they're fighting over just how much the employer should sponsor, especially as health costs rise.
Studios want to spend $10 million less, while writers think the studios should pony up 1.5 percent more than the last contract required to cover the hole, especially given how profitable the industry has been of late.
Wait, but the studios are struggling! Nah, not really.
Last year, the big six studios — Disney, Fox, Paramount, Sony, Warner Bros., and Universal — took in $51 million in operating profit. Obviously, that money mostly gets divvied up between employees and the cost of operations, but a nice chunk goes to corporate coffers. Most significantly, that $51 billion is double what studios made the last time writers went on strike.
While there are more movies and shows, that doesn't mean writers are making more money. In fact, while networks and studios have reaped bigger profits, writers have made decidedly less money. In 2015-16, the average TV writer-producer took home 23 percent less in salary than they had just two years prior. The median earnings dropped by an average 25 percent, and the number of writers who made the minimum allowed by the WGA shot up 20 percent.
Why? The shorter seasons. More work, less pay, meaning those number above don't really work out like they used to. Thus more and more writers
are falling below the union's minimum pay agreement.
But the problem is that writers' per-episode compensation hasn't changed, which means they can receive the same amount of money for three or more weeks of work writing an episode that they typically would have received for two or less. That means the money writers would have earned for two weeks' work is now stretched over three or more — so they're essentially getting paid less for the same work.
And thus experienced writers who in the past would have been paid more than the union's minimum agreement are now earning the minimum. Between 2013-'14 and 2015-'16, writers (who typically are credited as producers on TV) earning the minimum rose substantially: executive producers and showrunners by 8 percent, supervising and co-executive producers by 16 percent, consulting producers by 24 percent, co-producers by 32 percent, and producers by 49 percent — for an average of 20 percent.
Between 2013-'14 and 2015-'16, writers saw their median earnings drop sizably: co-producers and producers by 19 percent, supervising producers by 12 percent, co-executive producers by 26 percent, consulting producers by 23 percent, executive producers by 8 percent, and showrunners by 21 percent. The average wage depression for writers was 25 percent.
But wait, Mike! They can pick up another show right? Oops. Nah.
And there's an important added wrinkle: Many staff writers on TV shows are held to exclusive contracts during the duration of the show's run — whether or not they're currently working on scripts for the show. So writers are not permitted under their contract to find other television work during a show's break to fill the compensation gap.
And in the case of TV writers, they're living in an around Los Angeles in most cases. The average Los Angeles cost of living is more than twice the national average. We had a thread which compared LA's cost to live comfortably to the median income.
Using those numbers:
LOS ANGELES: $74,371
Los Angeles residents face high costs of living, which means living comfortably requires a higher income ― $24,689 higher than the city's median income of $49,682.
What you essentially have is the same thing that happens when sports players strike. "They make too much already!" I mean, yes, but they're making less than they're worth to the team's owners. Likewise, writers are making less than they probably should and the studios can likely afford to pay it. So, strike.
Just as huge Wall Street salaries tend to be political piñatas, so does the take-home pay of the biggest CEOs in entertainment. CBS head honcho Leslie Moonves made a whopping $69 million last year, a 22 percent increase on the year prior, despite a down cycle for the network. Disney's Bob Iger made $44 million, and Netflix's Reed Hastings made $23 million. Fox also paid Bill O'Reilly $25 million to not work at all after he was ousted over a long record of alleged sexual harassment.
Oh, and I believe those WGA contract numbers are pre-tax. So, a salary of $96,000. Good. After taxes. Around $65,000. Bad.
All of this is a lengthy way to say, "Studios, pay your writers. Dive into exec salaries is you can't find the change."