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What is the Difference between hourly wage salary contract wage and commission wage?
Wiki User
∙ 6y ago
"HOURLY", a specific rate/hour is your financial base for whatever hours or fractions thereof you work. Advantage is that you get paid overtime rates and the more you work (or are allowed to work) the more money you make. Disadvantage is that if you don't work, you don't get paid. Usually considered 'blue collar' jobs.
"SALARY" is a FIXED rate usually given in the yearly aspect and as many hours that are required to accomplish your duties will be paid the same amount on a yearly basis. This is sometimes referred to many salaried employees as "We (the company) own you. Also known as 'Exempt' as you do not get paid overtime. Benefits are usually better and there are paid vacations and holidays and typically a sick day allowance.
"COMMISSION" you only get paid when you sell something or produce a predetermined volume of a product or service. It has the potential for huge payoffs if you are a good salesman. If you are not good, it can be really tough. Some places offer a small salary at a fixed rate (minimum wage if you are lucky) and then commission.
Wiki User
∙ 13y ago
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What is the hourly pay for a tow truck driver?
Most are paid percentage/commission, not hourly.
What is hourly plus commission?
When employers pay and hourly rate, say minimum wage, but also give you a percentage of your, or your company's, total sales (commission) in addition.
What is the difference between wg scale and gs scale?
GS=salary. WG=hourly.
Getting paid hourly PLUS commission a good job I live in vancouver Washington?
A job that pays you on hourly basis PLUS commission is a good job if you live in Vancouver Washington.
Do American Eagle employees work on commission?
No, they get paid an hourly wage.
Hourly and commission jobs any good?
Hourly jobs are good than the commission ones since there is some assurance that one will earn something at the end of the day. What if one does not sell anything for the whole day? Commission jobs are not good.Hourly and commission jobs are good because you are in control of how much you can earn, since there is no fixed amount that you can earn.
What is the average hourly rate for an animator?
5.50 an hour with a 1% commission rate
How much are people paid for telemarketing jobs?
The pay for jobs in telemarketing can very depending on the rate of commission pay your employer pays. Some jobs will have low a minimum hourly wage with a higher commission percentage, while other jobs will have a higher hourly wage, and a low commission.
Ava's hourly wage is 9 and she earns more than Kevin does The difference between Ava's hourly wage and Kevin's hourly wage is at least two dollars write and solve an inequality for Kevin's hourly wage?
A - K >= 2A - 2 >=K or K <= A - 2.
Do police officers make commission?
No. Police officers are paid an hourly wage or flat salary. They do NOT get a "commission" on fines that are levied on persons they arrest or cite.
What is a hairstylist hourly pay plus commission?
A hairstylist hourly pay must be at least minimum wage which varies from state to state and yes they can also be paid commission on services or retail they sell. It all depends on how sweet a deal you get!
What is commission on sales?
Commission on sales is when the worker earns money based on how much they sell of a product or something for a specific company. The pay could be all commission, or could be a combination of salary+commission or maybe even hourly+commission.
