How to calculate commission?

Can someone PLEASE explain Draw vs. Commission to me and help me calculate my check?

• okay to make a long story short. can someone explain draw versus commission to me and then estimate the my check with the info I give them? Day 1: I worked from 4-945 and made $1267 Day 2: I worked from 115-945 with an hour break and made $1479 Day 3: I worked from 115-845 with an hour break and made $1075 what would my check be?

• Answer:

  Are these dollar amounts the amount of sales you had in that time period? If so, then your commission is whatever percentage amount you agreed to, multiplied by the amount of sales in your work period. For example, if your commission is 25% of sales, then you grossed the following amounts: Day 1 $1,267 x 0.25 = $316.75 Day 2 $1,479 x 0.25 = $269.75 Day 3 $1,075 x 0.25 = $268.75 If your commission rate is only 10%, then the amounts are $126.70, $147.90, and $107.50. Draw is an amount that a company will allow you to take in advance, against your earned commissions. It is not pay - it is a loan that you have to repay with your earnings or commissions. For example, say you sell used cars. You earn 10% commission on the sale of each car. To pay your basic bills you take a draw of $500 a week. Each week, you need to sell at least $5,000 worth of used cars to pay back the $500 draw you took. If you only sell $4,000 worth of used cars, then you will only earn $400 (10% of $4,000) and you will owe your company back $100 of the draw that you took. Some companies will let you pay it back with next week's earnings. Others want it paid in full right then.