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Indian law states that only registered agents can recruit workers for jobs abroad and the maximum commission they can charge is £250 or the equivalent of 45 days' salary (whichever is less).
Northwest Airlines and US Airways Group today joined the UAL Corporation's United Airlines, Delta Air Lines and the AMR Corporation's American Airlines in reducing to $20 from $50 the maximum commission to travel agents for round-trip flights in the United States and between the United States and Canada.
Gupta argued that it is a superior approach to brokers, who have "a strong bias for making the maximum commission" regardless of what is actually best for their client.
While there is only a small correlation between the maximum commission percentage allowable for each sport and the number of agents that make the list (higher commissions do not necessarily mean more agents), there is a much stronger correlation between commission percentage and where the agents appear on in the ranking (higher commissions mean higher rankings).
So by default, they are driven by personal financial gain, if they 1) fill the job, and 2) get the highest possible salary (for maximum commission).
Also, don't get persuaded by the showroom salesman as he/she might be more interested in selling the sofa which shall fetch maximum commission.
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The AMR Corporation said today that it would lower its maximum commissions to travel agents in the United States and Canada for domestic travel on its American Airlines or Trans World Airlines units.
[C4.] AMR Cuts Travel Agents Payments AMRR plans to lower its maximum commissions to travel agents in the United States and Canada for domestic travel on its American Airlines or Trans World Airlines units.
After communicating with members of those departments, Mr. Coleman instituted a policy of charging maximum commissions of 75 cents a share or 2percentt of the transaction, whichever was greater, NASD said.
And Creative Artists Agency beats all sports agencies, with a whopping $290 million in maximum commissions.
Thus, agents are ranked in order of the maximum commissions obtainable from the negotiated contracts, instead of the total value of the contracts.
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CEO of Professional Science Editing for Scientists @ prosciediting.com