New Fee Structure and Introduction of Referee Payments

January 6, 2017

The Review of Finance announces the introduction of payments to referees and changes to the submission fee, with effect from 1 January, 2017. The changes are as follows:

  • For regular submissions and resubmissions
    • The submission fee will be €250 for EFA members and €300 for non-members
    • The payment to a referee for an on-time report (within 4 weeks) is €150 plus 1/3 off a future submission
    • If the paper is desk-rejected without an external report, all but €100 of the fee is refunded
  • For fast-track submissions
    • The submission fee will be €900 for a first submission and €500 for a resubmission
    • The payment to a referee for an on-time report (within 1 week) will be €700 for a first submission and €250 for a resubmission
    • If the editorial decision is more than 14 days after the submission, all but €300 of the submission fee (€250 for EFA members) is refunded
  • For disputes, the submission fee will be €800 and the payment to a referee for an on-time report (within 4 weeks) is €400
  • We are currently transitioning the RF’s payments system to allow us to pay referees for regular submissions. While this transition is in progress, we aim to pay referees once every six months (e.g. by the end of June 2017 for all payments accumulated from January-June 2017). After the transition, we hope to pay referees on a more regular basis.