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This all depends on the arrangement made before hand. (How to be a Record Producer)
The record producers on staff at a major record company earn a salary plus compensation on successful record they help produce. The record producers who run independent record companies earn a simple fee for their services, by either the label or the artist themselves...
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In addition they are always paid extra for records they produce. (www.jacquesburvick.com)
A good record producer should be able to find “top of the list†songs after hearing them once or twice. Record producers should have a good ear and be able to tell whether or not an instrument is in or out of tune...
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