BUSINESS ADMINISTRATION
HUMAN RESOURCES MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to how much time is worked
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According to the level of output
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According to how many items are sold
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Detailed explanation-1: -It is calculated based on a percentage of total sales. That means the more products or services an employee can sell, the higher the amount they receive.
Detailed explanation-2: -You should pay employees sales commissions in their normal paycheck after the sale is made. Another model pays the employees monthly. It is unfair to ask employees to wait for their commissions until the customer pays you. The employee has no control over when a customer will pay the bill.
Detailed explanation-3: -To calculate the payable commission, multiply the sales revenue by the sales commission rate. A 10 percent commission rate on a $10, 000 product deal would pay $1, 000 in commission.
Detailed explanation-4: -So the formula is: commission amount = sale price * commission percentage / 100 . So now you know how to calculate commission.
Detailed explanation-5: -Definition: Commission sales are sale transactions that generate an additional compensation to the salesperson. In contrast to non-commission sales, these deals allow the seller to gain more money as his selling operations increase.