| outside sales representative |
My base salary is $18000/year, which works out to be $356/week. There
was no
sign-on bonus and I don't think there is a year-end bonus. My bonus
comes by
commission. We have a two-tiered commission structure, consisting of
sign-up
commission and production commission. Sign-up commission is based on the
amount
of revenue generated per week by selling products and services to
customers. A
minimum of $3500 in revenue must be generated to receive commission,
which
starts
at %1.0, then increases on a graduated scale as revenue increases.
Production
commission is based on the amount of revenue that is produced (services
actually
rendered to a customer) during the week. Production commission starts at
%3.0 of
produced revenue. Overtime (hours worked over 40 hours)is beneficial when
commission is received because they pay based on the following system:
hourly
rate = (base salary + total commission earned)/total # hours worked;
hourly x
1.5
= overtime rate; 40 x hourly rate equals regular pay; overtime rate x
overtime
hours = overtime pay; hourly pay + overtime pay = gross pay. According
to this
system, if one does not make any commission, he will receive only base
salary
($356/week in gross pay) no matter how many hours he works. The more
commission
he makes, the higher is overtime rate will be, and the more overtime
hours he
has, the more money he will make. We call it "Chinese overtime." A
benefits
package is also offered which includes medical, dental, and life
insurance
(401k), and stock options. I chose not to accept the benefits package
because it
would deduct a considerable amount from my paycheck each week. The only
perk,
and
a very good one at that, is a company gas card. Vacation hours are
earned after
6
months of employment. One full day is earned in your first year (after
the 6
month mark). Two full days are earned the second, and so on. Trugreen
also
offers
college tuition reimbursement for college coursed taken during
employment.
|
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