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- Commission is a form of compensation based on performance123. Here's how it works:
- Employees or contractors receive a portion of the sales they generate or the deals they close.
- It can be calculated as a percentage of revenue from a sale or as a fixed amount for meeting specific targets.
- Some employees earn commission in addition to their base income, while others work only on commission.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Commission is additional compensation that’s earned based on job performance. When you agree to a commission-based role or commission structure (often by signing an agreement), you agree to be paid a certain amount of money that’s dependent on hitting some goal—goods sold, meetings closed, hires placed, to name a few examples.www.themuse.com/advice/what-is-commission-bas…A commission is a payment that an employee makes based on a sale. Some employees earn commission in addition to their base income, while other employees work only on commission. When an employee earns a commission, they make a portion of the sale in income.www.indeed.com/career-advice/pay-salary/paid-by …Commission pay is where employees or contractors receive a portion of the sales they generate or the deals they close. It's a variable form of payment based on performance, typically calculated as a percentage of the revenue from a sale, or as a fixed amount for meeting specific targets.www.seek.com.au/career-advice/article/what-is-co… - People also ask
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