Business Terms and Jargon Explained
What is CommissionCommission is a structure of pay that is performance
related. This may be given as a percentage or a fixed sum when targets levels
are reached. Sales staff is usually paid on a commission bases. A small basic
may be given and they can increase their salary by meeting targets where they
get a percentage of the sales.
Commissions are given as an incentive to reach
targets and the best performers are rewarded with more money in commissions.
<- Go Back
Business Terms Home page
Search Jargon and Terms Database
A B C D E F G H I J K L M N
O P Q R S T U V W X Y Z
Term created / updated 2005-07-16 23:12:15
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.
Copyright © 2004-2019 Scopulus Limited. All rights reserved.