The base salary for a salesperson typically ranges between 50 and 75 percent of anticipated total compensation.Group of answer choicesfalsetrue
Question
The base salary for a salesperson typically ranges between 50 and 75 percent of anticipated total compensation.
Group of answer choices
- false
- true
Solution
The statement provided suggests a range for a salesperson's base salary in relation to their total anticipated compensation. To analyze whether this statement is true or false, we need to consider typical compensation structures in sales positions.
Analysis
- Understanding Compensation Structure: In many sales roles, total compensation comprises a base salary plus commissions or bonuses.
- Percentage Breakdown: The statement claims that the base salary typically ranges between 50% and 75% of the anticipated total compensation.
Given common industry practices:
- A base salary that constitutes 50% of total compensation suggests that the other 50% comes from commission, indicating a significant reliance on sales performance.
- A base salary that constitutes 75% of total compensation implies that commissions and bonuses play a smaller role in overall earnings.
Conclusion
Considering these typical structures, it is indeed common for a salesperson's base salary to fall within the 50% to 75% range relative to total compensation.
Final Answer
True.
Similar Questions
A salesperson’s base salary typically includes benefits, bonuses, or any other potential compensation.Group of answer choicestruefalse
Question 301 ptsThe fixed amount of salary a salesperson earns is referred to as his or her base salary.Group of answer choicestruefalse PreviousNext
What type of commission is when a sales is paid a percentage of sales only?Responses
What is the average salary of a Mid-level Software Developer? $9,886 $11,993.90 $8,197.03 $12,300.27 I don't know
Salespeople who attain their quotas are typically paid a commission.Group of answer choicestruefalse
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.