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incentive is usually pay above ur base pay and commission is a percentage of what the company makes that is ur pay... incentive u will draw a check even if u dont sell... commission u dont sell u dont get a check
teri ma ki jai
benefit forms a part of the basic salary, the health insurance etc..It is the pay for an employee's work. incentive is an extra that an employee gets (commision) when he achieves certain targets.
withholdings
Overtime is working for more pay and bonuses are when the company gives you money as a gift, such as around the holidays.
Commission is the incentive pay received by a salesperson.
To calculate overtime pay, follow these steps: Determine Overtime Rate: Typically, it's time and a half (1.5 times the regular rate). For example, if the regular rate is $20/hour, the overtime rate is $30/hour (1.5 x $20). Calculate Overtime Hours Worked: Overtime is usually the hours worked over the standard full-time hours (often over 40 hours per week). Calculate Overtime Pay: Multiply the overtime hours by the overtime rate. E.g., for 8 overtime hours at a $30/hour rate, the overtime pay is 8 x $30 = $240. In Excel: Set up columns for names, regular hours, hourly rate, overtime rate, overtime hours, and pay. Multiply regular hours by hourly rate for regular pay. Multiply overtime hours by the overtime rate for overtime pay. Add regular and overtime pay for total pay. Ensure accuracy in calculations to avoid compliance issues. For complex situations, consider using dedicated software or automation tools.
no
Yes your company has to pay overtime In California.
Pay for performace
No. Companies are not required to pay overtime!
can u pls give me the difference between basic and net pay