if they pay by commission, they do not have to pay benefits. Such as vacation, medical, dental, etc.
Goal of CommisionsCompanies offer commisions to certain employees, often salespeople, as an incentive. They encourage employees to produce more (e.g. make more sales) by offering the commission as a reward.commission
Commission is the incentive pay received by a salesperson.
5% commission means you pay USD 100 and get the product amounting to USD 1055% discount means you pay USD95 and get the product amounting to USD100
Officially the seller pays the broker commission. However, ultimately it is paid by the buyer, since the commission is related to the selling price.
to generate productivity
Some do.
what is Bunching
Startup companies generally don't have stock to award options against, and without those you can't pay with stock options. Commissions are considered pay, so if you're running a business that pays its people on commission (a car lot, for instance) you just put your employees on commission right from the start. You would pay non-sales staff by piecework rates, not commission rates. The difference is, commission is based on the number of dollars a person brings to the business and piecework is based on the number of things they make.
justice B N Shrikrishna
There are some companies that choose to pay above average wage rate. They start their employees cents or dollars above the base wage.
No it can only be decided by Pay commission of India
Employees may or may not have to pay taxes on their stock options. According to Smart Money, employees have to pay taxes for stocks they choose to sell.
In a draft paper circulated at a recent meeting, Punjab declared intentions of devolving a pay package for its employees that was higher than the central pay commission recommendations
It's a salary paid every fourteen days. The 'normal' pay period is monthly for salaried employees, or weekly for waged employees. A few companies (such as ASDA in the UK) pay their employees fortnightly.
It's a salary paid every fourteen days. The 'normal' pay period is monthly for salaried employees, or weekly for waged employees. A few companies (such as ASDA in the UK) pay their employees fortnightly.
Most companies require employees to pay for their own work clothes from their personal funds. However, some firms will provide uniforms to employees.
Some companies pay once a month, some once a week. Most companies in the US pay every two weeks.