Actually, the answer is, "yes." I was, until this past June, a travel agent for 16 years. The cruiselines, tour companies, hotels and car rental agencies pay travel agencies a commission for selling their products. The airlines, by and large, do not, hence the service fee attached to airline ticket transactions. The agency, not the individual agent, collects the commission. So, if your travel agent is self-employed, he/she is paid strictly on commission. If your travel agent is employed by an agency, chances are most likely that he/she makes either a salary or an hourly wage, plus some sort of bonus based on sales volume. Since the price you will pay for your travel purchase does not differ whether you purchase from an agent or direct from the travel provider, your best bet is to find an agent you trust in a well-established agency, use a credit card for your protection, and take advantage of the resources, personized service and wealth of knowledge your travel agent can provide you. It is essentially a free service to you. here it is in simpler words yes
Travel agents can earn from 10-19% depending on the package They now earn 0% on airline sales .. most Airlines no longer pay commisions Commisions thend to be higher with crusie lines that agent sells more of. Theses are the commisions paid to the agency .. the agency then pays the agent, if that agent is on a commission
Many insurance agents earn their money by commission. If they do not earn commission, many would make around $25,000 and more yearly.
There are many income source of travel agencies like.1. Travel agents may invest money received from his customers as deposits and earn profit.2 .The travel agents collect commission from the customers on the facilities, services provided and by coordinating the customers.3 . As a commission agent travel agency collects commission by sailing the principal's services such as hotel, airlines, transport.all-asia-travel.com
A real estate agent can earn usually from five to ten percent of a commission based on how much the property was sold for. they could earn more or less depending on how much the property is worth and what percentage the owner is willing to pay for the agent to sell his property.
The amount of money that new home sales associates earn varies. In most cases, they earn a commission from the sales which is between 3% to 6% of the sale price.
I do not believe that a travel agent would have any higher suicide rates than any other regular job. It would depend on the mental stability of the individual. I have researched the salaries of Travel Agents and the national average is $68,000/year. It is common for Travel Agents to earn salary, but some also work on a commission basis.
This question is unanswerable. The term commission indicates that the person is paid a percentage of the sales price. The commission they earn each week/month/year, in dollars, will depend on two things - (i) the level at which commission is calculated and (ii) the total sales they have made.
Sales associates make around 25,000 dollars a year. If they are on commission they have the potential to earn more.
Set up the problem and solve it: Sales * %commission = earnings (now insert the known numbers) 1800 * .06 = earnings (6% is the same as .06, now multiply to solve) 108 = earnings Now, to find how much he will have to sell to earn $120 using the same formula: sales * %commission = earnings (now insert the known numbers) sales * .06 = 120 (now divide both sides of the equation by .06) sales = 120/ .06 (do the division and solve) sales = 2000 (Mr Sellers needs to sell $2000 to earn $120 in commission)
People who sell medical equipment usually earn a commission on the total amount sold. The average commission is between two and five percent.
Generally speaking, insurance agents do not earn salaries. They are paid on commission for the insurance policies they sell. See the related question to the right.
A sales clerk makes around 17,000 dollars a year. A sales clerk can earn more if they make commission on top of this salary.
Most jobs where a commission is paid as part of their salary or in place of their salary. Normally a commission is paid as a percentage of sales, or as a percentage of income made by the company. The idea behind this is that it acts as an incentive for the employee to get higher sales and therefore, earn more.
Sales people who earn money based on their sales are said to work on commission. They are commissioned employees. Not all sales people are commissioned, but you can find them in many types of retail establishments: clothing, electronics, and most commonly: car sales.
The starting annual income for a real estate sales agent in Australia is around $49,000. Senior sales agents can make as much as $85,000. The average annual salary is $65,000.
He needs to earn another 250. 250 is 5% of 5000, so the answer is 5000.
2700 X .20 = 540 gross
There are different types of sales positions. You can be salary, commission, draw against commission or paid in any type of combination. If you are paid based on a commission only structure you can earn $0 - the maximum cap the company has. I've worked in sales positions where I have earned nothing and others upwards to $80,000+. The best way to pick a position that will pay you the most is to chose a product that you are knowledgeable in, believe in, and that has the greatest commission potentials.
2392.50 commission: 3.5% of 5500 = 3.5/100 × 5500 = 192.50 → gross pay = monthly_salary + commission = 2200.00 + 192.50 = 2392.50
ote usually stands for On Target Earnings. It means the amount a salesperson would earn including commission if they exactly hit their sales target.
Also the opportunity to earn significant commission by referring others.
Accrued commission is commission that builds up over time. Commission is what you earn, usually a percentage, from a sale of something.