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Post by RED on May 30, 2006 14:13:27 GMT 1
Heres a question for you, see who knows the correct answer.
What commission rate are you on?
Think about it, its not as clear cut as you think.
Red
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Post by hereticus on May 30, 2006 14:53:45 GMT 1
OK, Red...let's give you the obvious answer and set myself up (like Alan Davis on QI) for all the buzzers to start sounding :
Standard Commission is 17.5 % of ex-VAT value, usually expressed as 14.68% of total order value including VAT
Commission on Awnings is 7.5%, which seems to be paid against the order value i.e not adjusted for VAT.
Commission on Roof Referrals is 5.0% on ex-VAT value for the selling agent (4.26% adjusted) and 12.5% (10.42% adjusted) for the surveying/fitting agent.
So that's the correct answer, and the basis on which we are all paid, so now hit me with the punchline........!
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Post by RED on May 30, 2006 16:56:56 GMT 1
OK, Red...let's give you the obvious answer and set myself up (like Alan Davis on QI) for all the buzzers to start sounding : Standard Commission is 17.5 % of ex-VAT value, usually expressed as 14.68% of total order value including VAT Commission on Awnings is 7.5%, which seems to be paid against the order value i.e not adjusted for VAT. Commission on Roof Referrals is 5.0% on ex-VAT value for the selling agent (4.26% adjusted) and 12.5% (10.42% adjusted) for the surveying/fitting agent. So that's the correct answer, and the basis on which we are all paid, so now hit me with the punchline........! Mike, youare partly right, but Joy is spot on. The 17.5% is mythical. There never was a 17.5%. What we get is 14.68% on the vat inclusive total,ie, the total order value. Vat for goods and services is payable at the point of sale so the customer has already paid this. By clever manipulation of figures Hillary's are able to say and print 17.5% commission. As a vat inspector told me you do not pay Vat on the earnings as the customer has already paid it. If it was not so then this would mean the customer would in effect be paying 17.5% at point of sale plus 2.82% on the commission we earn. So you are on a basic commission of 14.68%. My wife earns that running her Littlewoods catalogue, |
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Post by keenasmustard on May 30, 2006 17:07:10 GMT 1
there seems to be a post missing on this subject?is this censorship at its worst? if so just who is this forum for and what is it about?
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Post by farmer on May 30, 2006 19:39:21 GMT 1
OK, Red...let's give you the obvious answer and set myself up (like Alan Davis on QI) for all the buzzers to start sounding : Standard Commission is 17.5 % of ex-VAT value, usually expressed as 14.68% of total order value including VAT Commission on Awnings is 7.5%, which seems to be paid against the order value i.e not adjusted for VAT. Commission on Roof Referrals is 5.0% on ex-VAT value for the selling agent (4.26% adjusted) and 12.5% (10.42% adjusted) for the surveying/fitting agent. So that's the correct answer, and the basis on which we are all paid, so now hit me with the punchline........! Mike, youare partly right, but Joy is spot on. The 17.5% is mythical. There never was a 17.5%. What we get is 14.68% on the vat inclusive total,ie, the total order value. Vat for goods and services is payable at the point of sale so the customer has already paid this. By clever manipulation of figures Hillary's are able to say and print 17.5% commission. As a vat inspector told me you do not pay Vat on the earnings as the customer has already paid it. If it was not so then this would mean the customer would in effect be paying 17.5% at point of sale plus 2.82% on the commission we earn. So you are on a basic commission of 14.68%. My wife earns that running her Littlewoods catalogue, Quite bloody right RED. Its about time Hillarys took notice. The commission rate is crap. we need an increase, or we are all going to end up leaving. Not because we want to, but because WE ARE GOING TO HAVE TO ! Earnings fast going down the pan. Running around doing 3 for 99 aint going to earn us 3 grand a month, like the recruitment ads say. unless we get trained to sell up, or... move down to hampshire and take some work off g.v.m. |
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Post by farmer on May 30, 2006 20:00:22 GMT 1
Mike, youare partly right, but Joy is spot on. The 17.5% is mythical. There never was a 17.5%. What we get is 14.68% on the vat inclusive total,ie, the total order value. Vat for goods and services is payable at the point of sale so the customer has already paid this. By clever manipulation of figures Hillary's are able to say and print 17.5% commission. As a vat inspector told me you do not pay Vat on the earnings as the customer has already paid it. If it was not so then this would mean the customer would in effect be paying 17.5% at point of sale plus 2.82% on the commission we earn. So you are on a basic commission of 14.68%. My wife earns that running her Littlewoods catalogue, Quite bloody right RED. Its about time Hillarys took notice. The commission rate is crap. we need an increase, or we are all going to end up leaving. Not because we want to, but because WE ARE GOING TO HAVE TO ! Earnings fast going down the pan. Running around doing 3 for 99 aint going to earn us 3 grand a month, like the recruitment ads say. unless we get trained to sell up, or... move down to hampshire and take some work off g.v.m. Take today as an example. I fit No: 45 deighton Rd, Calder valley Blinds fits No43. same living room windows, same size, both verts. calder valley blinds man stops me, "still working for this shower are you?". smiling, "what you made out of this job then, let me guess... sold the blind for about £150, er thats about £20 is it" "yes", I reply " well i have just put that one in for £90 and come away with£49", Obviously, not the whole of our conversation, but just to show what we are up against. Just how do we compete with this scenario. O.k Hillarys are brilliant for getting the leads, with their advertising budget, etc, but look at the running around we have to do to make a decent living. This chap spends no more than £80 per week on advertising, and he and his brother(his partner) make over 50 grand a year. From about 15 -20 customes a week. So although we might always have leads to attend, (reading your postings - maybe not) does this not prove what we are competing against. Come on Hillarys whats happening with the rewards and incentives which were discussed at the forums. just what incentive is there to stay. Having built up hillarys it is just a kick in the teeth, to see earnings dwindling, when we know there is no need. trouble is, having being shafted in the buy out, its the advisors who as usual take the brunt. surely by having a happy well paid workforce the accountants would see the figures adding up the way they want them. But no, lets hammer the advisors into the ground, let them fade away, we'll take on a new bunch of buggers and let them drag us into oblivion. bang goes hillarys 16 years down the pan. So come on hillarys action please, your time is nearly up.  moaner..................... |
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Post by JoY on May 30, 2006 20:38:49 GMT 1
there seems to be a post missing on this subject?is this censorship at its worst? if so just who is this forum for and what is it about? I deleted your post as you referred to another member of the forum, by name, as a tosser. Had you not done it anonymously, i would have probably left it for that person to respond. If you wish to be so abusive, why don't you send an email to the person concerned, without hiding behind "Keenasmustard" Man or mouse?  ?/ |
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Post by RED on May 30, 2006 20:51:32 GMT 1
Mike, you are partly right, but Joy is spot on. The 17.5% is mythical. There never was a 17.5%. What we get is 14.68% on the vat inclusive total,ie, the total order value. Vat for goods and services is payable at the point of sale so the customer has already paid this. By clever manipulation of figures Hillary's are able to say and print 17.5% commission. As a vat inspector told me you do not pay Vat on the earnings as the customer has already paid it. If it was not so then this would mean the customer would in effect be paying 17.5% at point of sale plus 2.82% on the commission we earn. So you are on a basic commission of 14.68%. My wife earns that running her Littlewoods catalogue, Quite bloody right RED. Its about time Hillarys took notice. The commission rate is crap. we need an increase, or we are all going to end up leaving. Not because we want to, but because WE ARE GOING TO HAVE TO ! Earnings fast going down the pan. Running around doing 3 for 99 aint going to earn us 3 grand a month, like the recruitment ads say. unless we get trained to sell up, or... move down to hampshire and take some work off g.v.m. The commission rate is not just crap Farmer,its the worst in the industry and from the biggest player of them all. H/O must be laughing there socks of at us, trying to scratch a living. Take GVMs sales for instance.35k in one month and he will earn a paltry 5138 pounds, just over 1k a week and I would not like all the running around he will have to do for this. If he sold this much with my local competitor he would have earned 8750 pounds at 25%commission and this competitor is not one of the cheap and nasty ones either, and if he worked for himself truly, this would rise to around 17,500 pounds. OK he would not get the same amount of leads but the comparisons put Hillbilly's to shame. Red |
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Post by farmer on May 30, 2006 22:15:32 GMT 1
Quite bloody right RED. Its about time Hillarys took notice. The commission rate is crap. we need an increase, or we are all going to end up leaving. Not because we want to, but because WE ARE GOING TO HAVE TO ! Earnings fast going down the pan. Running around doing 3 for 99 aint going to earn us 3 grand a month, like the recruitment ads say. unless we get trained to sell up, or... move down to hampshire and take some work off g.v.m. The commission rate is not just crap Bear,its the worst in the industry and from the biggest player of them all. H/O must be laughing there socks of at us, trying to scratch a living. Take GVMs sales for instance.35k in one month and he will earn a paltry 5138 pounds, just over 1k a week and I would not like all the running around he will have to do for this. If he sold this much with my local competitor he would have earned 8750 pounds at 25%commission and this competitor is not one of the cheap and nasty ones either, and if he worked for himself truly, this would rise to around 17,500 pounds. OK he would not get the same amount of leads but the comparisons put Hillbilly's to shame. Red YES COME ON HILLARYS. TAKE HEED. IF NO NAILS CAN DO IT!!! my mate on the bins earns £400 quid a week, paid holidays, sick pay and the rest. We have to deal with more nuts than him as well. |
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Post by greenpesto on May 30, 2006 23:11:27 GMT 1
Those of you who answered 17.5% commission are also wrong!!!
Our commission is actually 17.25% of the net value.
17.5% is the current V.A.T. rate.
So we are worse off than you thought!!!!!!!
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Post by desmorse on May 31, 2006 0:10:26 GMT 1
unless we get trained to sell up, or... move down to hampshire and take some work off g.v.m. Farmer, you're too late - I think someones beaten you to it. I've only got 1 lead for the whole of Wednesday morning. d**n, if I hadn't broken a tooth and booked a 9:00am dentist, I could've had a lie in ;D |
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Post by hereticus on May 31, 2006 8:04:00 GMT 1
Those of you who answered 17.5% commission are also wrong!!! Our commission is actually 17.25% of the net value. 17.5% is the current V.A.T. rate. So we are worse off than you thought!!!!!!! You are quite right GP - a freudian slip but I stand corrected. |
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