commission

Examples of commission in the following topics:

• Monetary Employee Compensation

  • There are different types of variable pay plans, such as bonus schemes, sales incentives (commission), overtime pay, and more.
  • Variable pay is common in industries such as real estate or insurance, where pay is based on commission or the amount of sales generated by the employee.
  • Employees who are performing particularly well during a year may receive an additional bonus that is above their base salary or commission percentage.

• Reinforcement as a Management Tool

  • To this end, the manager may reward team members who gain clients of 5,000 or more employees with a commission of 5% of the overall sales volume for each such partner.
  • This reward of a 5% commission reinforces the behavior of closing big contracts, strongly motivating team members to work toward that goal and thus likely increasing the number of big contracts closed.

• Whistleblower Protection

  • This legislation authorizes the Securities and Exchange Commission (SEC) to reward whistle-blowers (at companies that are required to report to the SEC) who provide information concerning violations of the federal securities laws.

• Employee Compensation and Benefits

  • There are different types of variable-pay plans, such as bonus schemes, sales incentives (commission), and overtime pay.

• Defining Organizational Culture

  • Selling cars is usually a commission business, where the salesperson is a central success factor.

• Types of Organizational Branding Deliverables

  • Securities and Exchange Commission.