Whats Your Commission on a Montly Basis? (Please Share Your Industry with Job Role)

Interested to know whats everyone getting in commissions these days and in what industry?

I go first:

My work from home job gives me $83k no commission, its a government related job but I am not direcly employed by a government, at the end of the year I dont even get an end of the year Ham Leg, nothing on the birthday or anything ever, only perk I get is a health membership which the closest to my house is around 23mins by car, which I didnt use due to the distance.

My second job which is a casual job: I get 1% commission on total sales + 10% commission on add on sales like warranty etc. This is a appliances retailer. So if my total sales for the month is $50000, I get $500 in commission + 10% on whatever I sell in warranty.

Please kindly share yours.

Comments

  • +2

    0% - I.T. Officer in Agriculture

  • +1

    I get 1% commission on total sales + 9% commission on add on sales like warranty etc.

    What salary do you get for the second job?

    • +2

      Not on salary, $23.50 an hour plus casual loading which is 25% so works out to be around $30 per hour working weekdays and around $36 per hour on Saturday and $40 an hour on Sundays + commissions.

      Best month is when the iPhone comes out which means if I sell 10 iphones a day at $2000 x 10, I will get $200 in sales on the iPhone in commission. However these days its alot lower as people are not upgrading as much as before.

      • That’s wild considering iPhone have a 6-8% profit margin for retailers

        • I actually dont know how much margin is in the iPhone, as a low level sale I dont get to know the margins at all. I always thought its at least 20% margin.

          How accurate is your 6-8% margin?

          • @Aerith-Waifu: It’s accurate (at least from when I worked in the industry a few years ago). You might find 20% on other models but definitely not iPhone.

          • @Aerith-Waifu: 100% accurate
            Used to do purchasing for an official reseller

      • Sounds like warranty sales are high, whats a rough percentage of buyers taking out warranty

  • Up to 20% salary bonus in April for Engineering. Does that count as commission?

    • Yes i would say it counts. What dollar figure does it equals to per month?

    • That seems strange. What is the driver behind a bonus for one month?

      • Can share if its per year, as my bonus is paid on a monthly basis, I thought its easier to see it that way.

      • Maybe should have been clearer. It's a 20% annual salary bonus, just gets paid in April.

        • wanna share a $ figure for the year?

          • +1

            @Aerith-Waifu: Rough estimates.
            $70-90k - Junior
            $100-120k - Engineer
            $120-150k - Senior
            $150-200k - Principal
            $250k - Technical Director
            $300k - Senior TDs

            • @Hybroid: That is very high, I be happy to stay at around the $100k level consider what I have at the moment.

            • @Hybroid: Bank or finance institution?

              • @MrBear: Engineering. Finance earns way more.

            • @Hybroid: Mining/ heavy industrial by any chance?

              • @TimmyTims: Nope, regular infrastructure & built environment sector (Civils, Stations, Precincts, Ports, Buildings, Bridges, Hospitals, Warehouses etc).

                Not sure what mining sector rates look like. I presume higher.

    • +2

      20% in engineering is pretty good.

  • +6

    Have you given up on the food delivery in your Harvey Norman polo OP?

    • I actually average around $200 a week on food delivery at the moment. Which is good to pay off some bills. Wont be doing more as I am already working 50 hours a week before the food delivery.

  • +1

    I don't get a commission :(

    • But But if your base pay is high, you still be better off

  • No commission - btw anyone know what the current $ to upvote trade ratio is for ozbargain upvotes?

  • Currently 0% money working at an NFP arts/creative organisation. The boss bought me a coffee on my first day. That was a bonus.

    Used to get ~$4k/year in engineering for a government trading corporation. It was SFA in relation to salary but you did SFA to get it, so that was fair.

    When I worked as a mechanic (30 years back) my bonus made up 30% of my income.

    • As long as you are on a higher income, its still a plus right?

      • A bonus is an incentive to perform at your highest level possible.

        I have several friends in large corporates that get 10%-15% annual bonus based on individual KPIs. It's a significant amount of money.
        When the bonus is <3% and the KPIs are what you would do anyway it isn't really a bonus and there is no incentive to perform at a higher level.

  • I once traded a 10% bonus for a 80% increase in salary (no bonus/commission)… worth it

    • -1

      Thats a big gamble and glad it paid off

  • +1

    You were on $42k 13 months ago, now you are nearly double that. That's pretty good going OP!

    • +1

      I am now on around $110k give or take, yes totally in a much much better position compared to around a year ago. But I do find I have a lot less time to go out and spending time with the family as I am always working now.

      Guess you win some you lose some

  • 15% of gross profit selling brand new Hyundai's. Plus basically a minimum wage salary.

    • Thats pretty high, good commission for sure.

    • Curious, what is average gross profit of a brand new Hyundai? And how many a decent seller sells a month?

      The Better Half was considering moving into car sales and even got an offer, but it didn't look attractive so she didn't accept it. The offer and the discussions with the recruiter were very vague about average sales and commissions so it was close to impossible to estimate and compare with the current package.

      • +1

        I sell around 30 new cars a month on average, the problem over the last year or 2 has being getting cars to sell however. GP used to be virtually nothing on some sales but very rare these days. If no add-ons then an entry level car nets around 1.5-2k GP, higher end as high as 7-8k.

        2 years ago though it was a different story as everything was gutted to within an inch of its life all the time. I expect to be back to those days at some point in the medium term future.

        • 2 years ago though it was a different story as everything was gutted to within an inch of its life all the time. I expect to be back to those days at some point in the medium term future.

          Why was that, and what would happen to cause it again?

  • IT services sales… Pay make up is a bit complicated, but OTE is about 35%. With 45% at risk.

  • +1

    Waiting for my real estate mate to chime in here with his $500k+ in comm last year 🤦‍♂️

    • For real????? $500k+ in comm?????

      • Plenty of agents doing many times more than that.

  • Commision? I wish!

  • No commision but roughly $150 to $200 per hour and working hours are 2 to 3 hrs per day

    Last 3 days about $500 per day plus travel allowance 40c per km (roughly 100km per day)

    If i was to start my own buisness doing what i do, would earn three times that amount but would be working 8+ hrs days. But my house is paid off and also have another land paid off , what im earning is more than enough. Would rather be invloved in my childrens schooling and be around when they need me.

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