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According to a 2011 salary survey by Equistaff, billed as the largest online equine employment site, full time exercise riders earn an average salary of $27,153. In general, exercise riders can expect to earn between $500 and $700 per week, depending on the region in which they work and their level of expertise.
Riders may either operate on a freelance basis, earning around $15 per ride, or they may be kept on salary by a trainer or training center. In some cases riders may receive free housing as a part of their compensation package at training centers or tracks.
Riders may also benefit from the generosity of a trainer who uses a bonus structure to reward employees when the stable’s horses perform well. Trainers often pay out a percentage of their share of purse earnings to the stable’s staff. In a successful stable, bonuses can be significant.
When determining overall compensation, an exercise rider should also factor in the routine expenses of the business. These expenses may include the purchase of safety equipment such as helmets and vests, obtaining a personal health insurance policy, and traveling between tracks and training