*Note: The Department of Labor revised the regulations located at 29 C.F.R. part 541 with an effective date of January 1, 2020. WHD will continue to enforce the 2004 part 541 regulations through December 31, 2019, including the $455 per week standard salary level and $100,000 annual compensation ...
In this scenario the car salesman is starting with a base cost of $10,500. Now let's say the sale price on the vehicle is set at $15,995. Assuming the customer pays full price, that would be a $5,495 front end gross profit, of which the car salesman salary, or commission, would be 25% or $1,373.75. Wow! They make that much? Not quite.
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In 1946, chemical engineers made a median monthly salary of $240, but those with the most career experience could make up to $1,000 every month. Source: U.S. BLS In 1946, electrical engineers began with a median monthly salary of $235 and could make up to $15,000 per year depending on their level of education. Source: U.S. BLS
A person working in New Zealand car salesperson salary australia per hour typically earns around 97,300 NZD per year. Salaries range from 24,600 NZD (lowest average) to 434,000 NZD (highest average, actual maximum salary is higher).. This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers.
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