Enter commission inputs below:
How does the Commission Calculator work?
Free Commission Calculator - Calculates a commission amount based on a base amount, and a first and second level tier amount.
This calculator has 5 inputs.
This calculator has 5 inputs.
What 3 formulas are used for the Commission Calculator?
1st tier pay = Commission Percent * MIN(wages, first tier commission)
Second tier commission = Commission Percent * MAX(0, Wages - Second Tier commission level)
Total Commission = 1st Tier Commission + 2nd Tier Commission
Second tier commission = Commission Percent * MAX(0, Wages - Second Tier commission level)
Total Commission = 1st Tier Commission + 2nd Tier Commission
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What 5 concepts are covered in the Commission Calculator?
- commission
- Payment made on a sale to the salesman
- percent
- a specified amount in or for every hundred. one part in every hundred.
n% = n/100 - salary
- a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
- sales
- Exchange of good or service for money
- tier