What is sliding scale strategy?

A sliding scale business model offers multiple payment tiers for customers who can only afford certain levels. It is similar to a pay-what-you-can model that makes your services more accessible to people who could otherwise never afford them.

What is sliding scale commission?

Sliding Scale Commission — a ceding commission that varies inversely with the loss ratio under the reinsurance agreement. The scales are not always one to one: for example, as the loss ratio decreases by 1 percent, the ceding commission might only increase by 50 basis points.

Why is it called sliding scale?

It’s called a “sliding” scale because rates vary per person and are subject to change. For example: If a patient gets a higher-income job during the course of treatment, you may expect them to pay more per session. Thus, their spot on the scale would “slide” closer to your standard fee.

How do you calculate commission rate?

For example, assume a salesperson had gross sales of $50,000 for the commission period. Calculate the commission payable at the base level. Continuing the same example, the salesperson would receive commission of 10 percent for the first $10,000 in sales: $10,000 x . 1 = $1,000.

What is another word for sliding scale?

In this page you can discover 6 synonyms, antonyms, idiomatic expressions, and related words for sliding-scale, like: related rates, adjusted scale, variable scale, ratio, rate and relationship.

What is sliding scale in law?

Sliding-scale fees are based on a client’s ability to pay, often determined by income and family size, derived from the Federal Poverty Guidelines. Sliding-scale fees can either be hourly or flat.

What is profit commission definition?

Profit Commission — a provision found in some reinsurance agreements that provides for profit sharing. Parties agree to a formula for calculating profit, an allowance for the reinsurer’s expenses, and the cedent’s share of such profit after expenses.

What does sliding scale mean in finance?

What Is a Sliding Scale Fee? Sliding scale fees are a type of tax or cost that may change depending on an associated factor. Such fees are designed to capture value according to the movement of an underlying variable—most commonly income.

How do sliding fees work?

Sliding scale fees are variable prices for products, services, or taxes based on a customer’s ability to pay. Such fees are thereby reduced for those who have lower incomes, or alternatively, less money to spare after their personal expenses, regardless of income.

How does a sliding scale commission work?

Function. Fees based on a sliding scale take into account a person’s income and often other factors such as family size.

Benefits. Some medical clinics or practitioners offer sliding scales so patients who need health care can afford to use their services.

Considerations.

What is sliding Commission?

Basic Definition. A sliding commission is a payment to sales staff at varying percentages, depending on the amount of sales. “Amount” can mean either the number of units or the dollar amount. For example, the percent paid for a sliding commission in the auto industry can depend on the number of cars a person sells, regardless of price.

What is sliding scale bonus?

A sliding bonus scale can increase the productivity of your sales staff and increase your company’s profitability. A sliding scale differs from other bonus scales because it is not fixed and can result in higher levels of pay as the salesperson performs at progressively higher levels.

What is a sliding scale in counseling?

A sliding scale is a type of fee structure therapists sometimes use to give people with fewer resources a lower fee. In fact, the sliding scale fee is commonly used in many types of industries including legal service or dental care. It is not a “sale” or a “discount” that can change over time.