I’ve been very lucky in the music business to never have to get a “day job”. Making music is my day job. So what do others do? About two months ago my friend John told me he got a job at Guitar Center in New Jersey. I’ve always been curious how much the sales people make and with John’s permission here is the run down.
5:08:27 PM John: so here’s the skinny on the pay at guitar center
5:08:31 PM Oliver Chesler: do tell
5:08:35 PM John: it’s a commission draw
5:08:36 PM John: I get a base.. 7.15 an hour.. for 40 hours per week..
5:09:37 PM Oliver Chesler: what is commision draw?
5:09:39 PM John: if my commissions are greater than the amount I would get for 40 hours a week @ 7.15 per hour.. then I get paid the commission amount, and don’t get paid the $7.15 per hour
5:09:44 PM Oliver Chesler: hmm
5:09:55 PM John: the commission rate is 2% of gross sales, plus 10% of net sales
5:10:07 PM Oliver Chesler: ok
5:10:10 PM John: so, if I sold 1,000 dollars in gear I would get roughly about 45 (more…)