Typically, that means that a person makes an hourly or weekly salary, but also makes addtional pay based on sales of a product. For instance, you might make $10 per hour, but you also get 3 percent of all your sales.
If you sell $3000 worth of products in a week where you worked 40 hours, you would make $400 ($10 per hour times 40 hours) plus $90 (3 percent of $3000).
A base salary is when you get paid a smaller amount that you can count on in pay for your job. The commission is what you get when you sell something which is added to your base pay.
NOTHING
There is no base salary , you work on straight commission. You can take a draw for your first year but you have to pay it back.
It depends on the way the commission is worked out. It could very well work out that the commission is very much more than that person's salary. Also, a person could work on a "commission only" with NO salary.
Most recruiters work on a mixed model that has a certain amount of base salary and then a percentage as commission. Although they get some salary, their major income is in the form of commissions.
It depends on the industry they are in and what market (area of the country) they service. Some work on commission only. Some have a base plus commission. Some work for big corporations, some work for small boutique firms. My experience has been anywhere from 35k to 100k plus. It depends on the industry they are in and what market (area of the country) they service. Some work on commission only. Some have a base plus commission. Some work for big corporations, some work for small boutique firms. My experience has been anywhere from 35k to 100k plus.
Some get a flat wage, some clerks work on a base wage plus commission, some on commission only.
No national average. Some work on commission, some work on salary, some work on hourly wage.
It all depends on where you work. Some franchise can pay you around 8.50 plus tips, where other places can do percentage commission break.
Insurance Salesman generally work on a commission basis, but their commission may include a base salary. Considering that the percentage of commission is constant regardless of premium size, an insurance salesman's income can be unlimited. Suppose the insurance premium for an apartment building is $40,000 per year, and the commission percentage is 15%. The agent would earn a yearly income of $6,000 for that single policy.
It is possible to find companies that pay salary plus commission. When I first got my license, I worked for two different companies that was strictly commission and it was difficult. I found a company that outsourced customer service for insurance companies and was fortunate enough to get hired with BlueCross BlueShield of Florida. We work in a call center doing internet sales, all of our calls are inbound generated from our website. We get hourly pay plus bonuses based on monthly sales.
Most artists work for themselves and don't get a salary. They get paid a commission for doing certain work, or sell various pieces of art. If they work for a company of some sort they may get a salary and even benefits
Veterinarians earn money through completing their job duties and assignments, same as most other employees. However, veterinarians have the task of providing customer service to owners and medical services to animals. Also, there are two basic models for how a veterinarian is paid - salary and commission. Under the salary model, a veterinarian is paid a set amount of money per pay period regardless of the work performed or the hours worked. Under the commission model, a veterinarian is paid a set percentage of the revenues he/she generates for his/her employer. There is also a blended model called base plus commission that provides a commission to a veterinarian who generates revenue above a set amount.
It's a Ponzi scheme. Don't fall for it. They advertise saying they are looking for manager trainees. But what they really want is someone to do business-to-business sales work that takes you all over the place. They don't commit to a salary, either. Just "base pay plus commission." Don't waste your time with these folks.