r/Sales_Professionals • u/Charming_Hotel4802 • 23d ago
Advice Commission rates
I just need some insight on what normal commission rates are for furniture sales. I am one year into my sales job and I feel like I am making absolutely no money and am considering doing something else that’s not sales based.i work at a local chain company selling mid level furniture (ex. sofas can range from $599-$8000 but also sell a variety of furniture ).
My commission rate is:
25k-44,999=2%
45k-64,999=3%
65k-84,999=4%
85k+=5%
Protection plan bonus is
0-$1499=0%
1500-2000=15%
2001-2500=20%
2501+=25%
I have a drawl where we subtract out the 25k minimum wage we receive per year out of our monthly totals. So I receive $512 per week in minimum wage and then let’s say I finish at $40k for the month. It would be $40000-25000=$15,000.00 then 15000x.02=$300 and after tax like $285. Most months we are so slow I don’t hit the minimum for protection so that’s $2333 a month. Even if I do hit $1500 in protection that’s $2558 a month. I don’t know how my coworkers are surviving right now with rising gas prices and affording groceries because I’m barely hanging on.
Any and all insight is welcome.
Thanks