RichardK
Senior Member
- Joined
- 2007
- Posts
- 685
- Geo
- Derby, UK
hey drlew, welcome to the forum, to answer your question, here in the Uk we pay salary plus commission (1% on sales, not including tax).
But it does depend on the candidate, some want high salary/low commission other are more financially motivated and so prefer lower salary but the chance to earn more with higher commission rates (we used to pay 4% to our previous sales girl).
But it does depend on the candidate, some want high salary/low commission other are more financially motivated and so prefer lower salary but the chance to earn more with higher commission rates (we used to pay 4% to our previous sales girl).
Advertisement:
1Integrity
New Member
- Joined
- 2008
- Posts
- 4
- Geo
- United States
sales people compensation
commission 3% on existing accounts and 10% on new sales for 1st year, is one compensation I have heard local printers pay. Some bigger guys pay 65k base with potential for 100k+ in total income to those who can bring several million per year in accounts.
My belief is that we don't pay too high a salary. Sales compensation should always be based on performance of profitable successes. Infact, most of our employees should also be paid based upon profitable business success. A guy I like a lot named Dave Ramsey seems to have that model working well for him. It also worked at many dotcom company startups like microsoft. Everyone goes broke or all of us succeed together. Bill Gates gets a few billion and employees make a few million.
How to do that with printing industry...expand the pie through customized offerings to target markets now
commission 3% on existing accounts and 10% on new sales for 1st year, is one compensation I have heard local printers pay. Some bigger guys pay 65k base with potential for 100k+ in total income to those who can bring several million per year in accounts.
My belief is that we don't pay too high a salary. Sales compensation should always be based on performance of profitable successes. Infact, most of our employees should also be paid based upon profitable business success. A guy I like a lot named Dave Ramsey seems to have that model working well for him. It also worked at many dotcom company startups like microsoft. Everyone goes broke or all of us succeed together. Bill Gates gets a few billion and employees make a few million.
How to do that with printing industry...expand the pie through customized offerings to target markets now
Forum posts represent the experience, opinion, and view of individual users. The Color Printing Forum does not necessarily endorse nor share the view of each individual post.
When making any potentially dangerous or financial decision, always employ and consult appropriate professionals. Your circumstances or experience may be different.