Having an Equity card basically means that you are a member of the Actors’ Equity Association. Representing both actors and stage managers, the Actors’ Equity Association (AEA) has been negotiating wages and benefits for its members since 1913.
Benefits
According to the AEA, benefits include:
Minimum salaries (negotiated rates, overtime, extra pay for additional duties, free housing or per diem on tour)Work rules (length of day, breaks, days off, safe and sanitary conditions)Health, pension and 401(k) benefitsDispute resolution (including recourse to impartial and binding arbitration)Just cause (penalties for improper dismissal)Bonding (guaranteeing payments to the Actors if the producer becomes insolvent or defaults)Supplemental Workers’ Comp insurance, which provides additional compensation over-and-above Workers’ Comp if you’re injured on the jobEquity-only auditions via casting call and Equity hotlinesAgency regulationsMember discountsThe Equity News and websiteSeminars and special eventsProfessional name protectionTax assistance through VITAVoting privileges...