×
Chamet Salary System Explained in Detail

Chamet Salary System Explained in Detail

In this app your salary will be basically the commission of the total revenue generated by hosts and sub-agents in your agency, and the commission rate will depend upon how big the revenue is generated in your agency.
TOTAL REVENUE OF AGENCY = ( REVENUE OF HOSTS + REVENUE OF SUB-AGENT )
and your commission ratio will be determined each week on the basis of the total revenue of agency but the formula for salary from hosts is different and from sub-agents is different.
SALARY FROM HOST = ( COMMISSION RATIO * REVENUE OF HOSTS )
Example - you have 20 hosts whose revenue is 1000$ and you have 2 sub-agents whose revenue is 500$. hence, the total revenue of you agency becomes 1500$ ( 1000$ + 500$ ) then you are eligible for a commission rate of 15%, hence your salary will be ( 0.15 * 1500 ) = 225 $
SALARY FROM SUB-AGENT = ( YOUR COMMISSION RATIO - SUB-AGENT's COMMISION RATIO ) * SUB-AGENT's REVENUE
this will be iteratively calculated for each sub-agent i.e. this formula will be applied for each sub-agent and the sum will be your salary from sub-agent.
Example - lets say you have 2 sub-agents, first have a weekly revenue of 150$ (5% commission) and another have an weekly revenue of 500$ (10% commission) and your commission rate is 15%. now - salary from first sub-agent will be ( 15% - 5% ) * 150 = 15$ and the salary from second sub-agent will be ( 15% - 10% ) * 500 = 25$ so salary from sub-agent will become 35$.