Commission Commission : Money earned based on how much you sell. Usually expressed as a percentage. Computer Salespeople Car sales person Window.

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Presentation transcript:

Commission Commission : Money earned based on how much you sell. Usually expressed as a percentage. Computer Salespeople Car sales person Window sales person Selling subscriptions to Pay Per View Tv

Commission You could be part of a team which sells double glazing The more you sell the more you will earn. If you sell double glazing worth $12,000 you may be paid a commission of 7% Your commission would be 7 ÷ 100 x 12000 = $840 If you sell a lot of windows that’s great but there are always times when it is hard to find a sale. If you choose a sales job it is always better to go for one where they pay you a BASIC wage plus commission on what you do sell

Commission Example 1 : Ted sells car. He is paid a commission of 5% on any cars he sells. Last week he sold $20,000 worth of cars. How much commission was he paid ? 5÷100x20000 Commission : 1000 5 % of $20,000 = Ans ² √ C 5 ÷ 100 x $20,000 = $1,000 7 8 9 ÷ 4 5 6 x On 1 2 3 + . = -

Commission January February C 7 8 9 4 5 6 x 1 2 3 + . = - Ms Thomson works for ClearView Double Glazing. Basic Pay ( per month ) $1135 Rate of Commission 2.8% January Sales of $29,000 Commission= = Her wage is = February Ans ² √ C Sales of $5,500 7 8 9 ÷ Commission= = 4 5 6 x Her wage is = On 1 2 3 + Next . = -

Commission April May June July C August 7 8 9 September 4 5 6 x 1 2 3 Ms Thomson works for ClearView Double Glazing. Basic Pay ( per month ) $1,310 Rate of Commission 3.1% Sales Commission Wage April $16,000 May $13,000 June $12,600 July $27,600 Ans ² √ C August $13,900 7 8 9 ÷ September $15,200 4 5 6 x On 1 2 3 + Next . = -

Commission If you are only paid commission then your wage depends on your sales. It is better to have a basic wage plus a smaller commission Often you are paid commission over a certain amount of sales. Basic Wage $1,320 2207.4 Commission of 2.9% on sales over $45,000 Sales of $75,600 2207.4 = Get Commission on Ans ² √ C 7 8 9 Commission = = ÷ 4 5 6 x Total Wage = = On 1 2 3 + . = - Next