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provide the amount of compensation each salesperson will recieve. Sidney's Storage Solutions sells single story storage shelters (say that fast five times). Sidney's Storage Solutions
provide the amount of compensation each salesperson will recieve.
Sidney's Storage Solutions sells single story storage shelters (say that fast five times). Sidney's Storage Solutions uses salespeople to sell their product and over the years, the compensation system has changed. Units sell for $5,000 each. Compensation Plan #1: An annual salary of $48,000 is paid to all salespeople regardless of sales. Compensation Plan #2: An annual salary of $48,000 is paid to all salespeople. If sales for the month exceed 20 units, an additional $1,000 is paid to the salesperson. Compensation Plan #3: An annual salary of $24,000 plus 3% of the price of each unit sold is paid to each salesperson. Compensation Plan #4: Each salesperson is paid 5% of the price of each unit sold. Compensation Plan #5: Each salesperson is paid 5% of the price of each unit sold for 1 - 10 units. Each salesperson is paid 7% of the price of each unit sold for 11 - - 20 units. Each salesperson is paid 10% of the price of each unit sold for 21 or more units.
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