Payroll by Percentage Shares. Rules and Examples - Your strategic HR partner - Smartree

Payroll by Percentage Shares. Rules and Examples

PayrollHow do you calculate salary if the contract is stipulated payroll by percentage shares?

The salary for work performed is calculated based on the rates or percentages. It applies to revenue volume, so the prevalent areas where the payroll by percentage shares are found are pay services, tourism, trade, purchase etc.

The purpose of payroll by percentage shares is to stimulate commercial activities on sales of products / services.

The tariffs or quotas for payroll by percentage shares shall be established:

  • monthly;
  • quarterly;
  • by the seasons;
  • yearly.

In setting the percentage rates will take into account factors that may influence revenue volume, independent by the personnel.

Also, when required rates and percentage shares are required, the base salaries of staff paid under these rates and percentages are taken into account, based on rules and the amount of receipts that can be made in normal conditions.

Example of calculating payroll by percentage shares

Basic Salary = 900 RON Share benefiting = 4 % of the total sales in the month for which the calculation is made Norma Hours = 180 hours.

The employee performs a full time hourly sales totaling 11 000 RON.

Gross salary = [(base salary / time] x time + [Sales volume x percentage rate] = (900/180) x 180 + 11 000 x 0.04 = 1 340 RON

Obtain payroll services.

You could also be interested in:

Overtime: How to calculate gross salary

Calculation of gross salary in case of 12 to 24 shifts

Payroll by indirectly agreement: salary calculation by charge

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