Given the values for the other two, the Commission Calculator can calculate any one of the following: commission for a straightforward percentage commission structure, sales price, or commission rate.
Commission Calculator
A commission is a type of compensation in sales that salespeople receive based on how much of a product or service they sell. Salespeople are incentivized by commissions since their earnings are directly correlated with the volume of sales they make. In its most basic form, a commission is a portion of sales. A salesperson might be paid 3% of what they sell, for instance. A product sold for $100 would bring in $3 for the salesperson. But there are other models as well. Other options include commissions paid as bonuses or commissions based on profit margins. Salespeople may receive commission-only compensation in certain situations, or they may receive a base salary with commissions in addition to hourly compensation.
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