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What Is Commission-Based Pay and How Does It Work

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"What Is Commission-Based Pay and How Does It Work"

Commission and commission pay is an additional payment that is earned based on your performance.

Depending on your job role, your commission may subsidize your paycheck or be dependent on it. Meaning you either have a base salary and earn extra money through bonus schemes or incentives, or you must make sales if you want to receive a paycheck at the end of the month.

All types of commission payments are taxable.

Depending on how the company runs, you might be paid this commission monthly, bimonthly or simultaneously with your paycheck.

Regardless of your role or the company you work for, this article will help you understand your commission-based pay.

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