I have posted this before a long time ago.. but here it is again.... for those who do not believe the Vets can make a couple of million a year..
I have nooooooo idea if the Vets on Y&R make as much as the figures mentioned below.. but they make a lot.. Just read it..
So for starters, let's look at the minimum a soap star can expect to make on daytime television. For someone new to the business and what you could call an "unknown," the minimum would be around $700/per episode or even much less, depending on many different factors. This might initially sound like fairly good day’s pay; however, a newcomer on soaps will be lucky if they work one or two days a week. Typically, all soap stars are only guaranteed 1-3 days of work per week, even for some of the veterans on the show. So although some weeks may be good, others may not. Of course, the longer they are on the show, the more money the actors may make per episode, and the more likely they will be guaranteed more days of steady work. So once a newcomer has been on a show for awhile, they can generally expect to make anywhere from $700 to $1500 per episode.
For soap stars who have been around the block a little longer, typically 5-10 years, their salaries can now be upwards of $1500 to $3000 per episode, which again may only be anywhere from 1-3 days per week of actual work guaranteed. Again, there are a lot of other factors involved here, including how popular they are with the fans, what major storylines they may be involved with, and if they are doing any other promotional work for the studio.
Lastly, for the soap star veterans, those who have been in the business for more than 10 years, the range of salaries can now be found around $2000 to $5000+ per episode. Only a small percentage of soap stars are actually in the $5000 or more range, but it's not unheard of for some of daytime's most popular actors or actresses. Plus, with the growing salaries of many primetime actors, there is no doubt that some daytime soap stars are most likely offered substantial incentives to stay put in daytime. There are also a few exceptions in daytime with those who have been with a show for many years, including daytime actor, Tony Geary (Luke, GH) and actresses Erika Slezak (Viki, OLTL) and Susan Lucci (Erika Kane, AMC) whom are probably more in the range of 7-10 million or more per year, which also includes special privileges including limited work hours and extended vacations.