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commission pay is when how much money worth of product/services you sell determines how much money you get paid. most commission percentages are 5%-10%. so say you got a 5% commission on what you sell, and you sold $1000 worth of services, you would get paid $50.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoA commission is some fraction of a total sale price which is paid to the salesman. For example, you might have a 10% commission, so that if you sell $500 worth of product, you receive a $50 commission on that sale. If your pay arrangement is commission only, that means that the commission is all you get; there is no other salary. If you make no sales, you get paid nothing.
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Are employees paid by commission only if they work for Modern Woodmen of America?
No. Employees are paid by commission in many companies not only if they work for Modern Woodmen of America.
How do just energy employees get paid?
Off commission.
What place are employees paid on commission only?
employees are paid by commission only when they are require to meet a certain target. Like in real estate, if an employee sells the property worth of $10K, he would get say 5% of the amount as commission. Precisely, only in target oriented jobs, commission only could be paid to the employees.
Do American Eagle employees work on commission?
No, they get paid an hourly wage.
How much do Finishline employees get paid?
A sale associate gets paid : 6.50 an hour plus commission.
Are Jackson hewitt employees paid by the hour or commission?
Depends on job duties.
Should a wedding-event planning company pay planners hourly or on commission or treat them as independent contractors?
This is something that varies from company to company. If you are thinking of going to work for a company, ask how their employees are paid. It sometimes varies with the job description. The actual planner is sometimes paid by the job, or on a commission basis while assistants and other employees are usually paid by the hour.
How much do GNC employees get paid?
Depending on the state you work in, you receive minimum wage plus commission on certain items that you cell. This is for a corporate store.
When do dunkin' donuts employees get paid?
Most Dunkin' Donuts employees get paid on Friday. Each franchisee can determine the day that their employees are paid. Employees at the Dunkin' Donuts headquarters are paid on Friday.
Do bilingual employees get paid more?
Do bilingual employees get paid more?
How would you use commission in a sentences?
The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.The salesman was paid 5% commission on everything he sold.The council wanted to commission an artist to do the painting for the new hall.
What is the journel entry for commission paid?
Commission Paid A/c Dr To Cash/Bank A/c Cr
