COMMISSION AND PIECEWORK

The video introduces two ways people are paid at work: commission and piecework. Commission involves earning money based on sales, while piecework means getting paid for each item completed. The lesson aims to define these terms, identify jobs that use them, and teach how to compute earnings.

An activity is presented where viewers guess if job scenarios involve commission or piecework. Examples include a real estate agent (commission), a factory worker assembling ballpens (piecework), a clothing sales associate (commission), a fruit picker (piecework), a freelance graphic designer (piecework), and a car dealership worker (commission).

Commission is defined as a percentage of total sales earned by a worker. Common jobs paid by commission in the Philippines are listed, such as real estate agents (3-5% of selling price), insurance agents, car sales agents, direct sellers (Avon, Tupperware), online sellers (affiliate marketers), travel agents, loan agents, and recruiters.

An example calculates Ramon's total monthly earning, which includes a base salary of Php 8,500 and a 5% commission on Php 120,000 in sales. The commission is calculated by converting the percentage to a decimal (0.05) and multiplying by the total sales (Php 6,000). His total monthly earning is Php 14,500.

Noel's total monthly income is calculated, comprising a Php 11,000 monthly salary, a 1.5% commission on Php 1,200,000 in motorcycle sales (Php 18,000), and Php 180 per hour for 12 overtime hours (Php 2,160). His total monthly income is Php 31,160.

Piecework is explained as a fixed amount paid per item completed or sold. Examples of common piecework jobs in the Philippines include garment workers (paid per piece of clothing), candle makers/gift assemblers, buko juice/taho vendors (paid per container/vat), fruit pickers (paid per sack/basket/kilo), fishball stick makers, packing/repacking workers, embroidery artists, recyclable sorters, sticker appliers, and invitation folder workers.

Maria's earnings for sewing toothbags are calculated. She is paid Php 25 per bag and completed 180 bags, earning Php 4,500 for the week.

Carla's total monthly income is calculated, combining a Php 9,000 monthly salary, a 3% commission on Php 500,000 in appliance sales (Php 15,000), and Php 120 per hour for 8 hours of overtime (Php 960). Her total monthly income is Php 24,960.

The video highlights that commission-based jobs often require strong communication and marketing skills and may offer flexible schedules. It then provides a link for additional practice exercises and presents five multiple-choice questions for viewers to test their understanding of commission and piecework concepts.

The correct answers to the five practice questions are revealed: 1. C (A percentage of sales), 2. A (Php 5,000), 3. B (Php 1,000), 4. C (Earning based on item completed), 5. A (Php 4,800). Viewers are encouraged to share their scores.

Lanny's earnings for packing kakanin are calculated. She is paid Php 5 per pack and packed 650 trays, earning Php 3,250 for the week.