When considering “how much do voice actors make”, you have to consider the physical demands of the job. A voiceover actor’s main tool is their voice. Unlike a machine, the voice is a sensitive instrument and cannot be used to extremes all day, every day. If you did, you would risk damaging your vocal chords. Of course delivering the same consistent quality 12 hours a day would also be impossible. For many established voiceover talent, even long periods of use, 3-4 hours at a stretch can be tiring. At the extreme vocal end of voice acting you have gaming. In gaming the physicality of shouting and using the full range of voice, often for different characters takes it’s toll. For this reason many gaming voice actors are particularly careful about their vocal health.
Before you get down to the nitty-gritty, though, I recommend doing a test recording to ensure your equipment works properly and your audio levels are strong. You don’t need to record the entire script, but a few paragraphs will give you enough to ensure that the audio is clear, at an appropriate level, and doesn’t include any stray or ambient noises.
Because I've prepared properly, the first take is often the one I end up editing and sending to my client. The second is simply there as a safety net, in case I need to replace any mistakes while editing. It's much better to capture such drop‑ins during the same session as the main performance, as you can be sure that the mic will be in the same place and your voice will have a similar character in both takes.
Always update yourself on industry standard rates. I recommend reviewing the union rates set forth by SAG-AFTRA. Voices.com also offers a rate card as well Voice-Over Resource Guide. Upon viewing these rates you may find, based on your current experience, you fall a little lower or higher than said rates. Maybe you have a great deal of experience in the commercial voice-over world, but now you’re branching out into narration, e-learning or audiobooks, so your voice-over rates may be a bit lower for that genre as you find your footing. The most important thing is that you have a baseline rate for yourself and you’re comfortable and confident stating this rate to a client. It’s beneficial to first ask your client’s budget and proceed from there. While stating your rate, also take into consideration edits and pick-ups. It’s customary to include one free round of edits in your rate, but any edits or pick-ups past that incur a fee.
Realistically as a voice over actor you make between who can’t make $50k – $100k by using online casting sites and local agents and of course hustling for work on your own. That’s right, you need to hustle. I often hear voice over actors say that they they are not good at marketing or selling. Yet every business owner has to do this to make money. So learning these skills can make a big difference to your earning potential.
Even if you're mixing yourself, it's better to add EQ and compression only when you can hear how it will sit with the soundtrack or special effects. Ultimately, it comes down to knowing what your voice will be used for and making a judgement. For instance, if I'm recording a tagline for a TV or radio advert, I'll generally run a mic into a nice preamp (where I might add slight tube warmth, and subtle EQ or compression, just to give the recording a bit of 'body'), and I may do a little de‑essing using a plug‑in when performing any edits. However, for e‑learning jobs, corporate videos and so on, I'll tend not to add any creative processing while recording or editing, and will only use the de‑esser ever so slightly.