Some employees working on straight commission are able to draw against their commission, which means that at the beginning of a pay period, they are allotted a certain amount of money, called a pre-determined draw. A commission may be paid in addition to a salary or instead of a salary. Of course, they need to pay back the employer at the end of the pay period. Employers sometimes use sales commissions as incentives to increase worker productivity. The Pay commission is not a constitutional body unlike the Finance Commission, and therefore the central government can have a lot of leeway about which part of the report to adopt and in … Commissions can be a percentage of a sale, or they can be a flat amount based on the sales volume. The Pay Commission is an administrative system/mechanism that the government of India set up in 1956 to determine the salaries of government employees.
Good q Priyanka!
These types of payments are based on results. In this situation, anything earned above the draw is the salary. How Commission Works. More than the answer I am interested to know the reason and thought behind the the Q. Usually, if you're going to pay your staff commission, you pay them a flat percentage of the value of the product (goods or service) that they sold. Sales positions, like a car salesman or real estate agent, commonly earn commissions. A commission is a form of incentive pay. A sales commission is a sum of money paid to an employee upon completion of a task, usually selling a certain amount of goods or services. It can form all or part of an employee's financial package. Here goes the answer!
Commission is what you pay to employees when they make a sale or accomplish some other goal.
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