answersLogoWhite

0

While most jobs pay a salary or an hourly wage there are still commission work out there. Some jobs pay provide a base wage with a commission awarded over that as an incentive to perform. Straight commission jobs are usually sales positions where a person get a percentage of each sale they make and the percentage can go up the more sales are made. In my case, for instance, I am a business owner and the only employee. I first factor in the base dollar amount my business needs to pay the rent, utilities, etc and then I pay myself a percentage (a high percentage in my case since I'm the owner and the only one here) on all the sales/business above and beyond that amount.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Can you hire somone without compensation?

A Wife is someone whom a husband hire without compensation


Who gets denied New York State unemployment?

Generally those denied unemployment compensation were fired for cause, quit without good reason, if they were unwilling, unable, or refused to accept ready employment.


What is federal employees compensation act?

FECA pays disability, survivors, and medical benefits, without fault, to employees who are injured or become ill in the course of their federal employment and the survivors of employees killed on the job


What is Federal Employees Compensation (FECA)?

FECA pays disability, survivors, and medical benefits, without fault, to employees who are injured or become ill in the course of their federal employment and the survivors of employees killed on the job


What is Federal Employees Compensation Act (FECA?

FECA pays disability, survivors, and medical benefits, without fault, to employees who are injured or become ill in the course of their federal employment and the survivors of employees killed on the job


What are the key differences between an employment contract and an offer letter?

An employment contract is a legally binding agreement that outlines the terms and conditions of employment, such as salary, benefits, and job responsibilities. An offer letter, on the other hand, is a non-binding document that simply extends a job offer to a candidate, without detailing all the specifics of the employment relationship.


What does the phrase without just compensation mean?

The phrase "without just compensation" means that something is being taken or deprived without fair or appropriate payment or reimbursement in return. It typically refers to constitutional provisions that protect individuals from having their property taken by the government without receiving adequate compensation.


Can another Insurance agent take a split on commission without your knowledge?

Only screwed insurance agents will take a split on commission without your knowledge.


What is difference between a fee and commission?

A commission is compensation received by a broker or insurance agent paid by the insurance company and is a percentage of the insurance premium, or a percentage of a portion of the insurance premium. A fee, on the other hand, is a fixed dollar amount (not a set percent of the premium) and can be paid either by the party buying the insurance or by the insurance carrier. Often, clients with large premiums, or complex risks negotiate with their broker to provide services, including the placement of insurance for a flat fee. The insurance is than placed "net of" or without commission. Many people feel that this is a more transparent method of broker compensation and eliminates broker bias to higher premiums or carriers which pay a higher commission. In certain circumstances, both a fee and a commission are charged. This usually occurs when the broker is providing services which are not property compensated by the commission in the policy. When a fee is charged in addition to a commission, it should be disclosed who the fee is being paid to, and for what service.


Should workers' compensation have an apostrophe?

No, "workers' compensation" does include an apostrophe because it refers to compensation for workers. The apostrophe indicates that the compensation belongs to the workers, making it possessive. Without the apostrophe, it would imply a different meaning that does not accurately reflect the context.


What is the definition of the word give?

to present voluntarily without expecting compensation


Why is the European commission important in the European Union structure?

The Commission is the EU's civil service, and without it the EU could not operate.