1.
James Geisler works from 7:45 to 11:15 and
from 12:05 until 3:50. Find the total hours her
worked.
2.
7 +6 +7 =
3.
Change 10:29 to military time.
1
8
1
2
1
4
DO NOW!!
Reminder, review homework: 1.4-1.5
Commission
• WALT… calculate the straight commission and
determine the gross pay.
Prerequisite skills
1
2
• Write 8 percent as a decimal.
3
4
• Write 5 percent as a decimal.
1
2
• 4 percent of $500.
• 3 percent of $1,545.
1
2
• 11 percent of $1,250.
• 8 percent of $590.42
Commission
• Commission: the amount of money you are paid for selling a
product or service.
• Commission works in two ways:
• You might work on a commission rate. This might be a specified amount of
money for each sale or it might be a percent of the total value of your
sales.
OR
• You might be paid straight-commission, which is the only pay you receive.
Commission Formula
Commission = Total Sales x Commission Rate
Discussion
• How does working on commission affect the employee, the
employer, and the customer? List some pros and cons for each.
Commission/Piecework
• Compare working on commission versus piecework.
• Commission pay is based upon the number of items sold,
while piecework pay depends on the number of items
produced.
• A commission is a way to provide an employee with an
incentive to sell more items while piecework provides an
incentive to make more items.
Motivating the Lesson
• You sell sports equipment at your local sporting
goods store. You receive 10 percent commission
on everything you sell. What is your commission
on sales of $2,480 for the week?
Examples:
1
5
2
1. Tanya Woods makes
percent commission on sales. She sold
$5,600 in sales for a week. What is her commission?
2. Jessica Drake earns 4.75 percent commission on sales. She sells
$15,240 in merchandise for the week. What is her commission?
Gross Pay
• Instead of working on straight commission, you might be
guaranteed a minimum weekly or monthly salary. The commission
you earn during a week or month is compared with your minimum
salary. Your gross pay is the greater of the two amounts.
Gross Pay = Salary OR Commission
HOMEWORK
• PAGE 104-105 (3-22)