sales commission

sales commission Regular refers to your base salary. Your salary is a fixed amount of annual income that will be evenly dispersed across your paychecks. If you are paid bi-monthly, take this number and divide it by 24 to see how much you’ll receive each pay period. Jill’s is $24,000 annual, or $1,000 per paycheck. Comm refers to With sales you’ll have a goal or target, with each sale on that goal contributing a certain percentage to your paycheck. payouts are reflective of your performance -- an on target is 100% of the goal set for your position. Jill’s first month quota target was $1,000 in monthly recurring revenue (MRR) sales. Since she achieved that, she reached 100% quota attainment and was paid $500 in commission. Now what if she didn’t hit 100% of quota? Or what if she overachieved? That’s why it’s important to understand calculates how much of each sale you make contributes to how much you get paid. Total Annual Commission / Annual Sales Goal = Commission Rate Jill has an annual base salary of $24,000 and annual sales goal of $48,000. So for her, this would be: $24,000 / $48,000 = .50 This means Jill will earn $0.50 for every dollar of new business she closes. 96034 http://www.fast2earn.com/