Say I just opened a double donut business and I call it Check'em Donuts... whatever.
I hire Jim, Sal and Ivy for different positions in the store. All different pay rates. I tell them to sign-in their hours everyday but that I have no money after opening the store, however once money starts coming in I will begin paying them proportionately to their payrates and the money the store rakes in.
For example, after one day of work Jim should normally get paid $25, Sal $35 and Ivy $40.
But that day we only made $50. So I split it this way:
Jim gets $12.5 (i still owe him another $12.5)
Sal gets $17.5
Ivy gets $20
Is there a word or term for this kind of payment style? I was thinking Deferred Payment, but it's more complicated than that.
>>18260600
Proportional part payment is what you're thinking of. Deferred payment is basically just intentionally paying late.
if your business doesnt have enough money to pay its workers the word for it is default.
Just pay them in donuts, donutman
>>18260600
it's called illegal payment
>>18260600
Nice dubs desu
Profit split commission with a cap.
>>18260600
It's called pay one of them everything they've earned and then fire them.