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Salary Plan a salesforce compensation method in which salespeople are paid a straight salary; a salary plan approach provides security and stability but may not provide the incentive associated with commission payments.

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When the Monthly salary is 2100 what is the annual gross salary?

Whwn the monthly net salary is £2100, what is the annual gross salary ?


How do you divide monthly salary in to day salary?

Divide your monthly salary by the number of days in the appropriate month. If you wish to obtain a working-day salary, divide your monthly salary by the number of working days in the appropriate month.


Which is the same as straight time pay?

Straight time pay refers to the regular hourly wage an employee earns for standard working hours, typically without any additional compensation for overtime or extra hours worked. It is calculated by multiplying the hourly rate by the number of hours worked within a standard workweek. Essentially, straight time pay is the base salary before any bonuses, overtime pay, or additional earnings are added.


What is Basic Salary and Annual Salary?

Basic and annual salary are the same thing. They are how much a person makes in a year.


If SALARY(HOURS) is the function that describes Al's salary at Bit Labs based on his training SALARY(56 HOURS) SALARY(56) and S(56) all represent what?

In this context, SALARY(HOURS) represents Al's salary based on the number of hours worked, where "HOURS" is a variable input. SALARY(56 HOURS) indicates the specific salary Al earns for working 56 hours. SALARY(56) likely refers to the salary calculated for a standard 56-hour work period, while S(56) may denote a simplified or alternative representation of the same salary calculation, potentially omitting the hours explicitly.

Related Questions

What is the average salary for an electrician straight out of college?

200 dollars


Radio shack manager salary?

The average straight salary for a manager at RadioShack is $31,686 per year. The average annual salary with bonuses added in is $36,284.


What is the base salary of a knights of Columbus insurance rep?

There is no base salary , you work on straight commission. You can take a draw for your first year but you have to pay it back.


What is a sentence of check?

The boss gave him a cheque so that he could give him his salary straight away


What are the three sales compensation methods?

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


What is the average salary for a database administrator?

The average salary for a database administrator depends on the level of experience. The range would be lower for someone straight out of school versus someone who has been in the field for a long time.


Can there be allowable variances in a FICA Withholding?

No. FICA is a straight percentage of salary or wages. The employee Social Security portion (6.2%) stops after the employye reaches the maximum salary ($102,000 in 2008). The employee Medicare portion (1.45%) does not have a miximum.


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 straight commission?

Straight Commission PlanSalesperson compensation method in which only a percentage of the sales volume, but no fixed salary, is paid. The amount received by a salesperson is a function of his or her performance (and not of actual time worked) reflected in sales volume. This method is used where the objective is to (1) generate maximum short-term sales revenue at the lowest overhead cost, or (2) to employ independent sales-representatives instead of permanent sales staff. See also straight salary plan. (from: http://www.businessdictionary.com/definition/straight-commission-plan.html)


What is the salary of an real estate agent?

Normally real estate agents receive no salary. These are straight commission positions. The agent is responsible for his own health insurance, vehicle, etc. There is no witholding tax and the agent is responsible for estimated tax payments on a quarterly basis.


Types of commission in the business?

Types of Commissions:1. Base plus commissions- It involves receiving a pre-determined base salary plus some type of commission on the sales you actually make.2. Draw against commission- type of compensation plan is totally commission based.3. Residual commissions- Earning residual commissions is a salesperson's dream, because as long as their accounts are generating revenue for the employer, the salesperson continues to receive a commission.4. Salary plus bonus- this is the method of compensation you agree upon, you'll receive a pre-determined salary each pay period that is not impacted by your performance.5. Salary plus commission- This is the same as a "base plus commission" compensation structure.6. Straight commission- type of compensation can be a bit risky, since you only get paid based on how much you sell.7. Straight salary - you'll earn a straight salary that is in no way impacted positively or negatively by your sales performance.8. Variable commission- This type of commission structure is similar to a straight commission, however, the commission rate you're paid goes up or down based on pre-determined circumstances.


Who was the first NHL player to sign for a million dollars a year in straight salary with no bonuses?

Bobby Orr Bobby Hull It was indeed Bobby Hull - 1965 season.