
Sales Commission
Sales commission is a payment made to salespeople based on the sales they generate. Instead of a fixed salary, they earn a percentage of the revenue from the products or services they sell. This system incentivizes sales staff to increase their performance, as higher sales lead to higher earnings. Commissions can vary widely depending on the industry, company policy, and individual agreements, and they often motivate sales teams to reach targets and improve customer engagement, ultimately driving business growth.