Tony works at a store where he earns a base salary of 74 per week plus a commission of 20 of sales. If Tony sold 75 worth of merchandise last week what was his total pay?
74 plus 20% of sales = 89.
A salesman earns 300.00 per weak plus a 5 commission on all sales over 8000.00 One week his sales amounted to 15000.00 What were his earnings that week?
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.
The three sales compensation methods are straight commision, straight salary, and salary plus commision. Commission Salespeople- Paid only when they sell something. Salaried Salespeople- Paid a set amount regardless of how much they sell. Salary Plus Commision Salespeople- Have a set salary, but their commission rate is lower than those who are pain only commission. Hope this helps. ^^ - Noctali