What does straight commission mean?

Question

whats the deffinition

Answer 1

A "straight" commission means that the only income you will receive from your employer is a percentage of the value of whatever you sell. You and your employer have agreed to this amount and have signed a contract before you start work. Be very cautious with these "employment" contracts as they are usually just a quasi "consignment" agreement.

A "modified" commission or "commission plus" work contract means that you will get paid a minimal amount (either a straight minimum salary or a minimum hourly wage) plus a commission (usually much less percentage than a "straight" commission) on what ever you sell. In most circumstances, these are better in the long run because you have a more secure and steady income.

Answer 2

straight commission .. i think means that one only gets paid if one sells something ... as apposed to a job that has a retainer and commission paid on top of that depending on how much of the product was sold ... or whatever the job requires one to do

Answer 3

because of the fact the writer of the activity seek e book "think of Like an Interviewer: Your activity looking instruction manual to success," enable me answer your question. "Draw" is in basic terms yet another word for gross revenues. So this actual activity can pay a base gross revenues, plus a fee on your revenues. some revenues jobs are fee only, which skill in case you do no longer sell something, you're making no longer something! yet with a role like this that can pay a "draw," you will make some thing regardless of in case you do no longer sell something. and that's a superb element to have because of the fact revenues in this deep recession could be fantastically problematic!

Answer 4

It means you only make a certain amount of money when you sell their product if you do not sell you make no money.

Answer 5

you don't get a salary, just commission on sales