Module 8
1. Module 8
1.28. Page 5
Module 8: Daily Living
Lesson Summary
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Vijay is a salesperson at a men’s clothing store. Each year he looks forward to the Christmas season. From mid-November on, sales pick up and business is good. Vijay does not own the business; instead, he is an employee. He earns a base salary and receives commissions on his sales. The percentage he receives as commission increases with increased sales. Do you know the standard commissions salespeople receive?
In this lesson you answered these questions:
- What occupations involve tips and commissions?
- How do you factor in tips or commissions to calculate gross pay?
- What are the advantages and disadvantages of earning all or part of your income through commissions or tips?
Check your level of understanding of the materials covered in this lesson by completing “Lesson 5 Traffic Lights.” If you select an amber or red traffic light in the multimedia piece, you will receive information about additional work you can complete to improve your understanding of the topics. Complete the suggested work before you proceed to the Lesson 5 Assignment. If you experience difficulty, contact your teacher before starting the Lesson 5 Assignment.
In Lesson 5 you examined commissions and tips. Both are applications of percents. Commissions are a percent of gross sales, and tips are often calculated as a percent of the bill. Both commissions and tips are used to supplement income. Do you remember the advantages and disadvantages of each?
Assignment
Retrieve the Lesson 5 Assignment Booklet you saved in your course folder at the start of this lesson. Complete the Assignment Booklet.
Resave your Assignment Booklet in your course folder and submit a copy to your teacher for assessment.
Unit 4 Project
Before you move on to the next lesson, you should continue your research for your Unit 4 Project. Have you contacted an employee you can interview who works in the job or career you are going to explore? Has this lesson helped you come up with questions you can ask about this person’s job and how she or he earns income? For more information about this step and later steps of the task, review the Unit 4 Project.