Commission-based Earnings

Commission-based earnings refer to a payment structure where a person earns money based on the sales or services they generate. Instead of receiving a fixed salary, individuals receive a percentage of the sales they complete. For example, a salesperson may earn a commission of 10% on each product sold. This system incentivizes employees to increase their sales performance, as their earnings directly correlate with their success in selling. Commission-based earnings are common in fields like real estate, retail, and sales, allowing high performers to potentially earn significantly more than those on a standard salary.