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Explanation Of Commission
Full-Time (8 hours a day 5 days a week) quota: $1500/day, $7,500/week
- Commission Option 1:
- first $1,000 in sales at 12.5% commission, and
- $1,000-$3000 in sales at 15% commission, and
- 17.5% commission anything beyond $3,000
- Commission / Base Pay Option 2:
- $7.50 an hour base pay
- 10% commission
Say you hit the weekly quota of $7,500, this would be the commission break-down.
Weekly Sales Quota | $7,500.00 | |
Commission Rate | Sales | Commission |
12.50% | $1,000 | $125.00 |
15.00% | $2,000 | $300.00 |
17.50% | $4,500.00 | $787.50 |
Total | $1,212.50 |
Weekly Sales Quota | $7,500.00 | ||
Commission Rate | Sales | Commission | Base Pay $7.50 @40 hrs |
10% | $3,000.00 | $300.00 | |
10% | $4,500.00 | $450.00 | |
$750 | $300.00 | ||
Total | $1,050.00 |