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 ...

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 ...

Spiff, a Salt Lake City-based company pitching a new service for calculating sales commissions for salespeople around the world, has raised $6 million in funding to sell its own product to the ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Khadija Khartit is a strategy, investment, and funding expert, and an ...

The 7th Pay Commission (CPC) introduced the index of rationalisation which means that the minimum pay has been increased to 18,000 per month and the starting salary of a newly recruited employee at ...

Central government pensioners are keenly awaiting the 8th Pay Commission's recommendations, with the fitment factor is likely ...

Are you a central government employee and want to know your salary entitlement as per the rules prescribed under the 7th Pay Commission (CPC) guidelines? There is an easy way to find that out by ...

The National Council-Joint Consultative Machinery (JCM) has suggested that minimum wages under the 8th Pay Commission should be based on five-person family model, and include elderly parents of the ...