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Commission is when you get paid on the amount of items you sell and a bonus is given usually once a year when the worker has met their performance targets so get given extra money.
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What are the differences between bonus and incentives?
The major difference is that bonus mean something extra which is usually in cash and incentive is provided to motivate a person which may e in the form of extrinsic or intrinsic reward. However the purpose of both incentive and bonus is the same.
Can a garnishment include bonuses and commission?
Yes if the garnishee has received the bonus and/or commission it can be garnished at the time the judgment writ is executed and as long as the garnishment remains valid.
What is the difference between over time and bonus?
Overtime is working for more pay and bonuses are when the company gives you money as a gift, such as around the holidays.
What is the average pay for freelance fashion designer?
According to National Salary Data as of October 2010, annual salary for freelance fashion designer can range between $42,353 to $68,833 exclusive of bonus, commission and profit sharing.
What is the difference between incentive and commission'?
incentive is usually pay above ur base pay and commission is a percentage of what the company makes that is ur pay... incentive u will draw a check even if u dont sell... commission u dont sell u dont get a check
What is the Difference between brokerage and commission?
difference between broker and commission agent
What is is the difference between Commission Payable and Commission Receivable?
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
What is the difference job profile between short service commission and permanant commission in the Indian Army?
The difference in job profile between a short service commission and a permanent commission within the Indian Army is the difference between getting paid only when in the military (short service) and receiving a state pension upon retirement (permanent commission).
What is the difference between a rebate and bonus cash when buying a car?
Well a rebate starts with R and Bonus starts with B
What is the difference between bonus and fringe benefits?
A bonus when used in employment is typically a monetary compensation. A fringe benefit is a bonus as well, but sometimes benefits are not monetary.
What's the difference between a board and a commission?
board works in a collective manner. but commission work in a individual manner.
What is the tax difference between bonus and commission?
A commission is earned by selling something. It could be a straight dollar amount per unit sold, or a percentage of the gross sale or the net sale. A bonus is a monetary reward over and above the regular salary or commission paid. For example, if a salesman had a quota of X units sold or X dollars in volume, met those quotas and more, the salesman may qualify for a bonus - an extra amount of money. As far as tax difference, it all depends on the dollar amount. It will all come out when you do you yearly income taxes - you are taxed on your adjusted gross income. I missed the word tax the first time I answered.
What is the difference between a corporation and a commission?
The difference between a corporation and a commission is in their functions. A corporation if a government entity that serves the public while a commission is an investigative body set up for a particular task.
Explain the difference between salary and wage and give example to illustrate who earns salary and who earns wage?
What is the difference between a salary and commission
What is the difference between severance pay and a retention bonus?
They pay a retention bonus to get you to stay on the job. They pay you severance pay when they let you go. [Retain/Sever]
What is difference between vested bonus and cash bonus?
A vested bonus is only given once the vesting terms have been reached. In some profit sharing cases this is from two until five years. A cash bonus has no time requirement.
What is the difference between an agency and a commission?
An agency is usually an organization or a company that represents a business, while a commission is a group of persons in charge of a particular function.
