Quote:
Originally Posted by Unregistered
Hi!
I've spoken to the hiring manager and the threshold for the contract is as this:
Basic X 2.5 X 3 months = Quarterly target.
How they calculate the sales is by revenue. Example $4000(inclusive of employer's CPF etc) x 20% = $800 (this will go to your sales revenue)
Once above threshold, the commisison range from 7-11% and will incur monthly as long as the contract is in force.
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LOL told you they will lower the sharing rates, so you see it’s not as easy & profitable (for you) as you think.
Btw most temp/contract jobs are low level, you seldom see 4k like in ur example. Most of them are like 1.5 – 3k.