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 ...

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 ...

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 ...

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 ...

New Delhi, Aug 24: With Cabinet nod, the government of India has issued notification for implementation of the of the 7th Pay Commission recommendations. While notifying a 14.27 per cent hike in basic ...

The central government hikes the DA/DR twice a year, with the first increase coming into effect from January 1 and the other ...