what will be the salary of a GM???

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GMAbhishekpodishetty
please tell me something about this
DragonPhoenixSlayer

No Grandmaster gets paid for being a Grandmasters they usually earn money through winning tournaments, coaching or writing books.

GMAbhishekpodishetty

ok

GMAbhishekpodishetty

thanks for giving me information

willhelmtwin
"They say a good chess player is gentlemen. A great player is wasted youth."
Maybe giving chess lessons, coaching at a school and winning a few tournaments a year you could hit low 6 figures.
willhelmtwin
You really have to hustle and work hard to make a living at it.
kindaspongey

Possibly of interest:
https://www.chess.com/article/view/can-anyone-be-an-im-or-gm
http://www.cbsnews.com/news/kids-fight-stereotypes-using-chess-in-rural-mississippi/
http://brooklyncastle.com/
"To become a grandmaster is very difficult and can take quite a long time! ... you need to ... solve many exercises, analyse your games, study classic games, modern games, have an opening repertoire and so on. Basically, it is hard work ... It takes a lot more than just reading books to become a grandmaster I am afraid." - GM Artur Yusupov (2013)
http://www.qualitychess.co.uk/ebooks/QandAwithArturYusupovQualityChessAugust2013.pdf
https://www.chess.com/blog/smurfo/book-review-insanity-passion-and-addiction
https://www.forbes.com/sites/alexknapp/2017/05/05/making-a-living-in-chess-is-tough-but-the-internet-is-making-it-easier/#4284e4814850

https://www.chess.com/news/view/is-there-good-money-in-chess-1838
"... Many aspiring young chess players dream of one day becoming a grandmaster and a professional. ... But ... a profession must bring in at least a certain regular income even if one is not too demanding. ... The usual prize money in Open tournaments is meagre. ... The higher the prizes, the greater the competition. ... With a possibly not very high and irregular income for several decades the amount of money one can save for old age remains really modest. ... Anyone who wants to reach his maximum must concentrate totally on chess. That involves important compromises with or giving up on his education. ... it is a question of personal life planning and when deciding it is necessary to be fully conscious of the various possibilities, limitations and risks. ... a future professional must really love chess and ... be prepared to work very hard for it. ... It is all too frequent that a wrong evaluation is made of what a talented player can achieve. ... Most players have the potential for a certain level; once they have reached it they can only make further progress with a great effort. ... anyone who is unlikely to attain a high playing strength should on no account turn professional. ... Anyone who does not meet these top criteria can only try to earn his living with public appearances, chess publishing or activity as a trainer. But there is a lack of offers and these are not particularly well paid. For jobs which involve appearing in public, moreover, certain non-chess qualities are required. ... a relevant 'stage presence' and required sociability. ... All these jobs and existences, moreover, have hanging above them the sword of Damocles of general economic conditions. ... around [age] 40 chess players ... find that their performances are noticeably tailing off. ..." - from a 12 page chapter on becoming a chess professional in the book, Luther's Chess Reformation by GM Thomas Luther (2016)
http://www.qualitychess.co.uk/ebooks/LuthersChessReformation-excerpt.pdf

superchessmachine
GMAbhishekpodishetty wrote:
please tell me something about this

Depends on the country, level of GM, and other factors as well.

But they do not get paid on a regular basis just for being a GM

kindaspongey
superchessmachine wrote:
GMAbhishekpodishetty wrote:
please tell me something about this

Depends on the country, level of GM, and other factors as well.

But they do not get paid on a regular basis just for being a GM

Bunch of countries where zero is the payment just for being a GM?