What percentage of revenue does an associate get paid?
The associate is getting 20% of revenue in pay. The additional cost amounts to about 6% for a total of 26% of the revenue produced by the associate. That’s a good number.
How much does an associate billing $300K a year make?
An associate billing $300,000 per year is, more often than not, earning about $60,000. The numbers vary somewhat depending on benefits, support staff level, etc. But overall, 20% is the number I hear most often.
How much does an associate at a law firm make?
The associate is paid $60,000. My calculator says the firm is paying 20%. It’s also paying, on top of the salary, about $7,000 in health insurance, $9,000 in payroll taxes, FUTA, SUTA, etc., $2,000 in malpractice coverage, and $2,000 in continuing education, licensing, and bar association fees. The associate is getting 20% of revenue in pay.
What happens when associate compensation exceeds 20% of revenue?
But when associate compensation exceeds 20% of the revenue produced by the associates, we step into dangerous territory. When a law firm isn’t making money for the equity holders it’s often because the expenses are excessive. Payroll is always the biggest single category of law firm expense.
What is a stock associate?
A Stock Associate is a professional who receives products, checks inventory and prepares items for sale.
What is a sales and stock associate?
A stock and sales associate is a hybrid role that deals with inventory management and floor sales. The employees are likely to remain busy throughout each shift, and the job of stock and sales associate will require customer service skills, along with a diligent work ethic to stock and organize inventory.
Do you need experience to be a stock associate?
No, you do not need experience to be a stock associate. Most stock associates provide on-the-job training, although some positions may require knowledge. Stock associate positions are commonly entry-level jobs, so few require much experience.
Do stock associates work the register?
Stock Associate Job Duties A stock associate typically has a wide range of responsibilities, which can include: Determining the value of items based on condition and market trends. Conducting cash transactions by accepting payments from customers and recording them in the register system.
How much does a Stock Associate in United States make?
The national average salary for a Stock Associate is $30,500 per year in United States. Filter by location to see a Stock Associate salaries in you...
What is the highest salary for a Stock Associate in United States?
The highest salary for a Stock Associate in United States is $40,049 per year.
What is the lowest salary for a Stock Associate in United States?
The lowest salary for a Stock Associate in United States is $23,228 per year.
What is the a Stock Associate career path and salary trajectory?
If you are thinking of becoming a Stock Associate or planning the next step in your career, find details about the role, the career path and salary...
How much does a Stock Associate make?
As of Jan 13, 2022, the average monthly pay for a Stock Associate in the United States is $2,142 a month.
What are Top 10 Highest Paying Cities for Stock Associate Jobs
We’ve identified 10 cities where the typical salary for a Stock Associate job is above the national average. Topping the list is Sunnyvale, CA, with Santa Rosa, CA and Cambridge, MA close behind in the second and third positions.
What are Top 5 Best Paying Related Stock Associate Jobs in the U.S
We found at least five jobs related to the Stock Associate job category that pay more per year than a typical Stock Associate salary. Top examples of these roles include: Online Stock Broker, Manager Stock Broker, and Stock Plan Administrator.
Get New Jobs Emailed to You Daily
By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.
Featured Content
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Job Satisfaction for Stock Associate
We currently don't have any reviews for this job and need at least 5 ratings before we can calculate a satisfaction score. Are you a Stock Associate? Take our survey to help us meet this goal.
Gender Breakdown
This data is based on 62 survey responses. Learn more about the gender pay gap.
How much does a Stock Associate make?
As of Feb 9, 2022, the average annual pay for a Stock Associate in the United States is $25,706 a year.
What are Top 10 Highest Paying Cities for Stock Associate Jobs
We’ve identified 10 cities where the typical salary for a Stock Associate job is above the national average. Topping the list is Sunnyvale, CA, with Santa Rosa, CA and Cambridge, MA close behind in the second and third positions.
What are Top 5 Best Paying Related Stock Associate Jobs in the U.S
We found at least five jobs related to the Stock Associate job category that pay more per year than a typical Stock Associate salary. Top examples of these roles include: Long Term Stock Broker, Online Stock Broker, and Stock Options Trader.
Get New Jobs Emailed to You Daily
By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.
How much does an In-Stock Associate make?
The average in-stock associate salary is $25,230 per year, or $12.13 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $20,000 a year, while the top 10% makes $30,000. As most things go, location can be critical.
Average In-Stock Associate Salary Over Time
Compare salaries for individual cities or states with the national average.
Average JOB Salary by Field
A merchandise stocker is an employee who ensures that shelves and aisles are stocked with the merchandise in retail stores or warehouses. Merchandise stockers must receive the goods, unload or unpack them, mark them with codes to be identified, and stock them on shelves.
In-Stock Associate Salaries By Years Of Experience
The salary for an in-stock associate can vary depending on the years of experience that a person has, from entry level to senior level.
Which Companies Pay In-Stock Associates The Most?
If you insist on knowing when your check is going to come and for how much, then you'd be better off working for companies like Professional Plumbing and VF as they offer the highest salaries for in-stock associates.
Featured Content
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Job Satisfaction for Retail Stock Associate
We currently don't have any reviews for this job and need at least 5 ratings before we can calculate a satisfaction score. Are you a Retail Stock Associate? Take our survey to help us meet this goal.
Gender Breakdown
This data is based on 2 survey responses. Learn more about the gender pay gap.
There must be a better way
I get asked about associate compensation more than I get asked about any other issue. Everyone wants to know how much we need to pay to get and keep someone good. We need excellent associates if we’re going to fulfill our promises to our clients. That all starts with getting the compensation right.
Math is a good starting place
Historically, the general rule was to pay associates something like one-third of the revenue they generated. An associate producing $300,000 of revenue got paid about $100,000. The older lawyers said something like “a third for the poor schmuck, a third for overhead, and a third for me.” Those days have passed.
Associate pay issues open a can of worms
You’re asking the associate compensation question for one of these reasons:
