Commissions

Commissions

Commission is a sum of money paid to a salesperson for every sale that he or she makes. If a salesperson is paid on commission, the amount they receive depends on the amount they sell. The salespeople work on commission only. Synonyms: fee, cut [informal], compensation, percentage More Synonyms of commission.

What are examples of commissions?

Example: A sales rep earns a 25% commission on every product he sells. If, over the course of a year, he sells 30 products at $1,000 each, 20 products at $5,000 each, and 15 products at $10,000 each, he would earn $70,000 in commissions.

What are the 3 types of commission?

COMMISSIONS

• COMMISSIONS. Straight | Graduated | Piecework | End of Page.
• Straight Commission. Straight Commission is calculated to be the person's wage based solely on sales.
• Graduated Commission. Graduated Commission is calculated into a person's pay in addition to his/her regular salary or wage. ...
• Piecework Commission.

Is commission plural?

commissions - Simple English Wiktionary.

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