Definition of Commission | Employee Earnings Based on Performance

Payroll Definitions

Browse terms alphabetically

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Commission Definition

Term Definition
Commission refers to the amount of money paid to employees on the basis of their performance, such as sales achieved. In a commission-based payment scheme, employees are paid in line with their productivity or performance. It can be a percentage of the sales or a fixed amount per sale.

Related Article
What Is Commission?
The Basics of the Draw Against Commission System

Get Started
Try it free

Sign up today for a free, no-obligation 30-day trial.

Try It Free for 30 Days
Get Started
Take a demo

Kick the tires with a free self-guided demo.

Take a Self-Guided Demo