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Sooo Confused. Commission Vs. Incentives

In summary, commission and incentives are both forms of payment for employees, but they differ in their structure and purpose. Commission is a percentage of sales made by an employee, while incentives are rewards or bonuses for meeting specific goals or targets. The effectiveness of each form of payment depends on the industry and company goals. Not all jobs offer commission or incentives, but they are more commonly found in sales positions. Commission is calculated based on sales while incentives may be based on a variety of factors. It is possible for employees to receive both commission and incentives, but this varies by company and job role. It is important for employees to clarify with their employer what forms of payment are offered for their position.
M
ms_twana
165
Okay so I was looking at my business summary on Consultant Connection. In my total sales, it includes my October 30th show that was submitted in November. So, it's counting towards my November sales for commission, but will it also count for the SAT as well??
 
No. Only shows held (dated) and submitted in November count towards SAT.
 
  • Thread starter
  • #3
Okay. Thanks.
 

What is the difference between commission and incentives?

Commission is a form of payment where an employee earns a percentage of the sales they make. Incentives, on the other hand, are rewards or bonuses given to employees for meeting certain goals or targets.

Which is better, commission or incentives?

It ultimately depends on the industry and the goals of the company. Commission is often seen as a motivator for sales employees, while incentives can be used to encourage specific behaviors or outcomes from all employees.

Do all jobs offer commission or incentives?

No, not all jobs offer commission or incentives. These forms of payment are more commonly found in sales positions, but some companies may also offer incentives for meeting certain performance metrics in other roles.

How are commission and incentives calculated?

Commission is typically calculated as a percentage of the sales made by an employee. Incentives may be calculated based on different factors, such as meeting a specific sales goal or achieving a certain level of customer satisfaction.

Can employees receive both commission and incentives?

Yes, in some cases employees may receive both commission and incentives. This can vary depending on the company and the specific job role. It's important to clarify with your employer what forms of payment are offered for your position.

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