3) Create different compensation models for your furniture store. Assume that you have a budget of...

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3) Create different compensation models for your furniture store. Assume that you have a budget of $500,000 per month. You have 4 employees, who all have different commission rates. Assume the following: (50 marks) a) Employee 1 gets paid $50 hour, works 8 hours per day, and 2 days a week, at a commission rate of 4.00 b) Employee 2 gets paid $500 hour, works 4 hours per day, and 3 days a week, at a commission rate of 10.00 c) Employee 3 gets paid $15 hour, works 8 hours per day, and 5 days a week, at a commission rate of 2.00 d) Employee 4 gets paid $25 hour, works 8 hours per day, and 4 days a week, at a commission rate of 3.00 3) Create different compensation models for your furniture store. Assume that you have a budget of $500,000 per month. You have 4 employees, who all have different commission rates. Assume the following: (50 marks) a) Employee 1 gets paid $50 hour, works 8 hours per day, and 2 days a week, at a commission rate of 4.00 b) Employee 2 gets paid $500 hour, works 4 hours per day, and 3 days a week, at a commission rate of 10.00 c) Employee 3 gets paid $15 hour, works 8 hours per day, and 5 days a week, at a commission rate of 2.00 d) Employee 4 gets paid $25 hour, works 8 hours per day, and 4 days a week, at a commission rate of 3.00

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a Hourly wage 50 Hours worked per day 8 Days worked per week 2 Commission rate 400 Monthly income ... View the full answer