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Assessing Suitability: Is Commission Pay Right For You?
Commission pay is a popular form of compensation in many industries, particularly sales. But is it the right choice for you? To help you make an informed decision, we’ve put together a comprehensive guide to assessing the suitability of commission pay. What is Commission Pay? Commission pay is a system where an employee’s compensation is based on the amount of sales they make. Typically, the employee earns a percentage of the sale price as their commission. This form of pay can be very lucrative for high-performing salespeople, but it can also be unpredictable and risky. Advantages of Commission Pay High Earning Potential One of the biggest advantages of commission pay…