Commission sales jobs are jobs whereby you will often sign an agreement to get paid some certain amount of money that’s dependent on hitting some goal such as goods sold, meetings closed, hires placed etc.
In this article, we will be considering reasons why you should go for commission sales jobs.
Is Commission better than salary?
Well, when an employer or business pays a base salary plus commission, they have more paperwork. Hence, might need to pay employees sooner and have higher payroll tax and benefit costs each quarter.
To avoid this, businesses that pay on straight commission often offer a higher percentage commission to encourage employees to take this option. This is more profitable to the employees.
How does salary plus commission work?
Salary plus commission is one of the best and more common compensation/payment structures used by most employers to pay salesmen within their organization, although other job roles might also be rewarded this way.
With this method, employees who are in the sales section receive a guaranteed base salary amount but also earn an undefined amount of commission based on the amount of sales they make. This is more morale boosting .
Types of commission structures used by employers
Here are about seven (7) types of commission structures used by employers in rewarding their salesmen.
- Bonus Commission.
- Commission Only.
- Salary + Commission.
- Variable Commission.
- Graduated Commission.
- Residual Commission.
- Draw Against Commission.
Advantages of getting Commission sales Jobs
We will outline some advantages of having a commission sales job. The pros in it are worth going for.
1. More Money to make
With a 100% commission-based sales job, you stand a chance of making more money than those who earn just salaries on weekly or monthly basis. Your expertise in sales management is a key factor here.
SEE ALSO: Top 6 Best Commission-based Jobs
2. Gives room for skill display and appraisal gains
When you have commission sales jobs, you will have the liberty to showcase your skills without bounds and hence earn yourself some great appraisals which in turn promotes your personality in the sales society.
3. Work Flexibility
If you work as a salesman for a company, your employer won’t be bothered about your work hours but rather the results you bring forth as regards initial targets laid down for you.
So far you deliver on your tasks, your superior has no problem with your work hour. This then gives you a unique work flexibility that will enable you grow yourself too.
4. Independence
Being a commission agent usually makes employers give you more freedom . They won’t care much about the time you came to the office if you made a huge sale that day. Some people prefer some sort of authority and need a boss to constantly tell them what to do, but that type of environment slows down others. If you don’t like to be constantly checked on, this is the job for you.
5. Motivation
As an employee with a commission sales job role, motivation is constantly high which in turn keeps your morale for the job high. This is simply because, you earn more money as you make more sales.
Your mind is kept at a high aim rate because daily, you aim high with an assurance of a cut from sales made each day based on your agreement with your employer.
6. Freelancing
There are certain commission sales jobs that gives you the opportunity to work remotely. When you have such, you will earn well from the comfort of your home.
7. Time management
As a sales agent, you own and control your own clock as long as you hit the target laid down by your employer. This helps you plan your work schedule the way it suite you without much stress.
8. More time for your family
If you are a parent and raising kids, commission sales jobs is a good match considering the work hour flexibility and the independence that comes with it. This will help you have ample time to raise your kids and do more for your family.