Type: noun
Pronunciation: /kuh-mish-un-struk-chur/
Also spelled or known as: Commission Schedule
Plural: Commission Structures
Related: Commission, Referral Fee, Override
What does Commission Structure mean? Method used to determine how commissions are calculated and paid to agents, managers, sales representatives, promoters, or other individuals.
A commission structure may establish fixed percentages, tiered commissions, performance incentives, recurring commissions, bonuses, minimum thresholds, and payment schedules.
Commission Structure synonyms: Commission Schedule, Commission Plan, Compensation Structure
Example sentence: “The booking agency revised its commission structure to reward higher annual sales.”
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