Commission pay is a type of compensation system in which an employee is paid a percentage or a fixed amount of money based on the sales they generate (or the number of products or services they sell). The commission is typically a percentage of the total sales made or a fixed amount per sale.
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A sales commission is a sum of money paid to an employee upon completion of a task, usually selling a certain amount of goods or services.
Dec 13, 2023 · A commission is a form of payment for doing a job—usually sales. The commission rate can be based on a percentage or dollar amount of sales.