Posted by loraine
on 2/29/2012, 6:58 pm, in reply to "Re: Standard Commision"
It depends on the salon. if you are an independent typically you get a check with your total sales/tips with your weekly booth rent deducted. some places have you set up a seperate merchant account within the salon terminal system allowing credit card funds to go directly into your bank account, and you will not receive a check at all. keep in mind this is all BEFORE taxes. As an employee you will get a weekly paycheck with all your deductions taken out of each check. Federal taxes, state, and local. all of which add up to roughly 24% of your total sales. your paycheck as an independent will appear larger, however you've got to keep in mind that you will owe that money sooner or later. so put it away in an account somewhere and don't touch it. otherwise you will end up owing thousands come year end.
be observant and be sure the owner/employer is not taking any additions fees/charges out of your pay that you are unaware of. be sure everything is accounted for, and always keep your daily records. i once worked at a salon where the owner was taking 10% of my TIPS for "merchant fees"!!! that was the last straw for me. be in control of your money and your numbers. if you are not, people will take advantage.
Responses