Commissions
Commissions
COMMISSION
• A commission is a fee that a business pays to a
salesperson (agent) in exchange for his services in
either facilitating, supervising, or completing a sale.
• The commission may be based on a flat
arrangement or as a percentage of the revenue
generated by a salesperson.
• In other words, commission (remuneration) is a form
of payment to an agent for services rendered.
Three different types of commission: