Asked by Jessica Hartley on Jul 03, 2024

Sylvia Jimenez is paid by commission only, and she earns 1.5% on all sales. If Sylvia sells more than $125,000 in any month, she receives an additional 2% on the sales above $125,000. Find Sylvia's total commission for July on sales of $180,000.​

Commission Only

A payment model where compensation is based solely on the amount of sales or transactions generated, with no base salary.

Additional Commission

Extra earnings given to employees or salespersons on top of their standard commission, often based on reaching a specific target or sales goal.

  • Evaluate earnings from commission-only payment plans.