Aimee
[closed] What is a commission in business?
Hello,
My name is Aimee and I a current business management student with an achieved degree in administration. I will have my bachelor's degree soon in the same area. The love that I have for learning more about business leads me to collaborate with professionals and other students. I would like to ask for myself, what is a business commission? Is it the same thing as a bonus? For example, how can I use a comission to my strength and leverage it in business? I would like to clear this up so that when I look at job searches I can be focused and determined. Perhaps I can add this to become more empowered.
Sincerely,
Aimee #business-administration #business-management #leadership #job-coaching #job-searching
1 answer
Helen Shanahan
Helen’s Answer
Commission is usually associated with Sales roles. It is part of the remuneration package of people whose job (or part of their job) is to sell something (a product or a service). They get a commission depending on how much of that product or service they sell. So a sales person could be on 70% salary and 30% commission and so the planned take home pay is 100%. But it doesn't mean they will always earn 100%. If they are not very successful in selling they may take home less than 100% but not less than 70%. Equally if they are very successful at selling they may take home more than 100%.