Some sales persons are salaried and do not receive a percentage of sales price. Some companies are wholly owned by their employees and they all share in the company's profits as a bonus. In between these two extremes are commissions paid to sales persons and these will depend on the contract between the individual and the company.
net-price or sales price net price
a sales silp that is marked paid a sales silp that is marked paid a sales silp that is marked paid
regressive tax
it was heavy for Anne to pay the price of her recklessness.
It would depend on the contract they have
Commission rate
In a way, yes. It is a tax imposed in the sales you make and an amount of tax (a percentage of the amount you charge the customer for the item or service) on this has to be paid to the government.
net-price or sales price net price
The percentage of sales tax that must be paid by businesses varies from state to state. Contact your state revenue department for more information.
A tax based on the price of goods and paid at the time of purchase is a sales tax.
The total value of sales made. The commission is a percentage of that amount, paid to the salesman.
In a advertising agency 15% commission is paid to the account manager. This is mostly the percentage on the total sales.
sales price = 90.40 / 1 + 8% sales price = 90.40 / 1.08 sales price = 83.70 the #1 is the figurative element that was taken the 8% tax out
Items that you buy are taxed on the actual amount that you paid for them.
Most jobs where a commission is paid as part of their salary or in place of their salary. Normally a commission is paid as a percentage of sales, or as a percentage of income made by the company. The idea behind this is that it acts as an incentive for the employee to get higher sales and therefore, earn more.
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)
Commission is a fee which a salesperson would receive upon completion of a sale. It is a motivational system of payment designed to encourage sales staff to sell more. The amount of remunation paid