Last human, online; then instant message.
Congratulations! I blanch, knowing I'm impotent.
Good to see you again, Lucifer.
Published at last and no one suspects.
Till death us do part... goodbye.
It doesn’t take a brain surgeon to see that we’re in difficult financial waters because the signs are staring us in the face. Whether it’s the tragedy that has befallen our nearest neighbour, Ireland, or gits like Lord Young telling us we’ve never had it so good, times are definitely hard.
So you can understand that banks and building societies (unless they’re the same thing these days – I forget) are now doing everything in their power to get new business. And I do mean everything. One building society has identified a market that has been largely untouched. I’m talking, of course, about the dead.
If this sounds like a sick joke, believe me it’s nothing compared to the letter I got last week, addressed to my brother who died 5 years ago. And they’d helpfully put ‘Dec’d’ after the name, just in case I’d forgotten. But to give credit where credit is due (no pun intended), they also remembered that I’d been the Administrator of his estate. Good to know that their records are up to date, after a fashion.
Apparently, he still has zero shares, presumably on account of still being deceased. Owning shares while in the afterlife is against the rules, I gather. But all is not lost; there was a handy shares application form prefilled in my late brother’s name, plus the legally required Dec’d. They think of everything, these customer-driven financial services.
I phoned the 10p a minute number to inquire what the flip they thought they were playing at, quoted the shares account reference and was asked to confirm my name. “I’m the living one on the letter,” I identified myself.
The poor soul on the other end of the line apologised and explained that some bright spark – my words – had ‘run a script’ based on anyone who still had money in the BS (and for now, let’s take that to still mean Building Society). So, not only do they want my brother to buy shares, they’ve also been holding on to £5 of his money for the last 5 years. And then they wonder why people don't trust banks any more.
July 2011 update
The issue hung in the air for months, my response email and follow-up letter ignored. The longer it went on, the more it bothered me. And I mean REALLY bothered me.
I wrote again to the Head of Quality, who again passed it down the line like a lead paperweight. And even though they've apologised - twice - and now reviewed the matter, and 'taken steps to ensure this doesn't happen again', and finally made a donation to Macmillan Cancer Nurses, I came to realise that six months of outrage can be a difficult thing to set aside.
So I wrote and thanked them for their resolution and explained that, in order to draw a line under the matter, I'd now sold my few shares. Today I received a gift hamper from the Executive Complaint Team, which was a kind gesture. In a no-win situation, I think we've at least reached a no-score draw.
Some time ago I posted about the lamentable state of affairs, whereby writers are encouraged to work for nothing on the basis that this will give them experience and raise their profile. That profile presumably being of someone who doesn't think they have sufficient experience and who will therefore work for nothing.
See http://alongthewritelines.blogspot.com/2010/01/compensation-nil.html - the title has changed.
Since then, I've noticed a bit of a fight back or perhaps 'bite back' is more appropriate. On Craigslist, for example, there has been a flurry of reply postings to requests for scripts or for those oh so affordable article writers, focusing not only on price but also on common sense (even if the spelling needs a little work).
"Why would you send your scripts to someone you don't know without first signing a release?
Wanne be a pro? Act like one... and expect the same."
RE: Writer Needed -- Not even up to slave labor!
"This guy is offering to pay a whopping $3.50 per 300 word article. That's 1.1¢ per word! That's not even at the level of slave labor, which at least feeds you! Minimum wage -- uh uh, not even trying."
re: Writer Needed
"pay scale is identical" to whom, exactly? perhaps companies based out of a third-world country? because i write for several and NONE are that low. Compensation: 350 pennies in a jar. you must supply jar."
I have emailed some of these protestors and it's a familiar tale of frustration and disappointment. But I suspect that the root cause of their malcontent lies in the recognition that not every one who wants to write is cut out to be a writer. And that even those who persist have no guarantee of success or even subsistence from their craft.
As I stated before, there will always be a tide of newcomers willing to try their hand, certain they can rise above the pile to become a 'proper writer'. In a sense, every beginner starts off from a similar position. While there will always be success stories to inspire and motivate us, the cold truth is that we are, in part, at the mercy of mathematics every bit as unforgiving as those that operate in the world of nature. You can tip the scales in your favour by writing well, by being professional and by working diligently and tenaciously. But ultimately, it will always be a numbers game to some extent. If all of that still doesn't put you off, congratulations- you're probably a writer. And I can recommend a few freelance websites for you to avoid!
As I mentioned in a previous post, after the publication of The Little Book of Cynics, I put together several other little books. Here's what happened to one of them.
I did get one rapid response from a MAN UP submission, from a Chief Editor no less. She said her publishing house could see the market potential and liked my work but, in the current economic climate, they would need a financial contribution from me. Thankfully, Brian had already instilled a good dose of common sense into me so all that remained was to receive their no-obligations sample contract and, in the words of the great Jim Bowen (of Bullseye fame): 'Come and see what you would have won.'
They wanted a contribution of £1275. I'll wait for a moment while you all sit down or grab the furniture.
This is for a 'little book' of 110 quotes / pages and measuring 8 cm x 10.5 cm.
Okay, here's the science bit:
1. They offer a 20% royalty. Based on the similarly sized Little Book of Cynics and its cover price of £3.00, that represents £0.60 per book. £3000 for the first 5000 copies sold.
2. 1000 copies per year is a realistic projection for this kind of book in the humour / gift market - I've done some research.
3. This means that (£600 x 2 = less than £1275) it will take over two years before I break even.
4. A 20% royalty sounds very attractive but, if we subtract my £1275 contribution from a five-year projection of the total royalty (when I fantasise, I do it long-term), we get a figure of £1725 (£600 x 5 and then minus £1275).
5. Now, this £1725 equates to a royalty of approximately 8.69%, broadly in line with the industry. But remember, I'm risking £1275 and for the first two years I don't break even.
Someone somewhere said that money should flow to the writer. Kind of like our own prime directive. So I've written back to the publisher to thank them and tell them that I won't be taking up their opportunity. Maybe I'll give Jim Bowen a ring and ask him if he's got any unwanted speedboats available going cheap.
Oh, I nearly forgot, and it doesn't bode well when the contract you're sent has the title of your book mis-spelt!