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What does it mean to be paid by Commission?

A commission is a payment that an employee makes based on a sale. Some employees earn commission in addition to their base income, while other employees work only on commission. When an employee earns a commission, they make a portion of the sale in income.

How do employees earn commission?

Some employees earn commission in addition to their base income, while other employees work only on commission. When an employee earns a commission, they make a portion of the sale in income. For example, if an employee sells a couch for $500 and they get a 10% commission on all sales, then they earn $50 on that sale.

What is a commission & how does it work?

What Is a Commission? A commission is a service charge assessed by a broker or investment advisor for providing investment advice or handling purchases and sales of securities for a client.

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