What are guarantees?
If an agency REALLY wants a model to come to their market, they may offer a guarantee. Japan is best known for doing this. Guarantees are usually in US dollars despite the origin of the model or their mother agent, and usually start at about US$12,000 for a two-month stint. The guarantee is a model’s assurance he/she will make a certain amount of money during their term in the foreign market. The higher their guarantee, the more incentive the agency has to promote the model. If for instance, a model is given a guarantee of $20,000, but only earns $15,000 at the end of their term, the agency is responsible for paying the $5,000 (the difference between the two figures) out of their own revenues.
