The Enterprise and Economic Development Glossary
a resource of the .network library |
commissioned worker:
... someone who receives a share of the money from
what a buyer pays for a product or service in the specific instance of
the transaction. A commission is typically
a calculation of a percentage of the money which the sale generates
that is paid to the worker involved.
Commissioned workers may be representatives,
agents, brokers, or employees. When employers pay, commissions may
or may not be part of the total employment compensation. For example,
an employee may receive salary plus commissions.
What sellers or employers
allow to those who are due commissions is typically based
on
a percentages
agreed
to
in advance which leads to a calculated financial
figure. Commission percentages may be written into contracts for all to see. Also, commissions may be
negotiated.
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