Vacation Benefits for Commission-Based Employees

[Guest Julie Powell]

I am currently pursuing a degree in HR Management and would appreciate any information provided regarding the topic of Paid Vacation. I am familiar with (and have worked with) vacation benefits for hourly and salaried employees; however, any information you could provide regarding how vacations are handled for commission-based employees would be greatly appreciated. Thank you.

[Guest Lori Senter]

The bank where I previously worked had commissioned stock brokers and mortgage originators. They had a benefits-base rate of pay for such things has life insurance, disability, etc. that are salary-based. We used that benefits base to pay for vacation and holidays.