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Which one would tip fall under?

2007-08-24 16:25:21 · 4 answers · asked by Mizuki K 2 in Business & Finance Taxes Other - Taxes

4 answers

Gratuity = tip paid by customers (answers your 2nd part of this question).
Commission is what you get from your employer for meeting a quota or for each sale you make (example, shoe salesman gets $7 per hour, and $1 per shoe sales as commission).
Cash bonus is amount paid by your employer at your employers discretion, basically to reward employees for job well done.

2007-08-27 18:20:34 · answer #1 · answered by Anonymous · 0 0

Tips are gratuities. Some people get paid on commission, which means their employer pays them an amount on each sale they make. A bonus is a one-time payment from the employer (can be more than one per year but isn't something regular).

2007-08-25 03:54:26 · answer #2 · answered by Judy 7 · 0 0

A gratuity is a tip. A commission is what you are paid for selling something. A cash bonus is something added on to your paycheck.

2007-08-24 16:33:14 · answer #3 · answered by Anonymous · 0 0

Gratuity = tip
Cash Bonus = lump sum bonus from employer, typically annual based on business results
Commission = incremental pay on a per sale basis. i.e. for each sale you earn a commission, can be fixed amount or a percentage basis.

A tip is a gratuity.

m

2007-08-24 16:34:24 · answer #4 · answered by Mukluk 2 · 0 0

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