Basing an employee's pay on commission means doing a bit more math when it comes time to calculate that employee's payroll. You'll need accurate records on the employee's sales numbers, as well as the ...
In our last post, we discussed the calculation of the “regular rate” and some of the complexities of determining what constitutes “remuneration” under the Fair Labor Standards Act (FLSA). Commission ...
A company may pay an employee a base salary, a salary plus commissions or just commissions. Commissions may motivate employees to work harder to meet performance targets, thus achieving the company's ...
Spiff, a Salt Lake City-based company pitching a new service for calculating sales commissions for salespeople around the world, has raised $6 million in funding to sell its own product to the ...
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