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 ...
8th Pay Commission Arrears Calculation: The setting into motion of a fresh Pay Commission in India has always become a ...