Top 10 Commission-Based Jobs

However, some make over $124,030, giving you an idea of how far this career can take you. Commission work can also be very high pressure, depending on the industry. It could be the company putting the pressure on you, pressure from cut-throat colleagues who want to boost their numbers, or pressure you place on yourself to make sure you earn enough. The basic idea is that when you move up, you’re expected to produce more—with the understanding that you’ll earn more as a result. Not having a stable income can make it difficult to get approved for loans or other types of financing. The bank may see you as high-risk and be less likely to approve your loan application.

As a result, companies will often have what’s called a “clawback” to encourage employees to see deals through to the end. A clawback means that if revenue isn’t collected or a deal falls through, the employer has the right to collect that commission from the employee, or deduct that portion from future commissions the employee earns. Generally speaking, if you don’t have anything in writing, there’s no guarantee you’ll get your commission. You can check out this section of the Workplace Fairness website on what to do if your employer won’t pay you your earned commissions.

Common roles include:

How an employee gets paid for their work can be as varied as the work itself. If you’ve ever heard a person say they’re working on commission or that they’ll get a commission from a sale, then that person is receiving a commission-based pay. In the realm of unconventional commission work, talent agents carve a niche. Representing performers, writers, athletes, or similar individuals, talent agents earn a cut when securing work for their clients. Annual incomes average at $75,420, with top-tier agents crossing $190,500 annually. Depending on who you talk to, getting the same paycheck every two weeks can be comforting— or frustrating.

Hiring for commission-based roles: What to consider

1. Highly motivated salespeople will earn generous commissions, while their less ambitious counterparts will not.
2. Not all commission structures are based on individual performance.
3. Despite being a commission job, becoming a recruiter can lead you to solid, high earnings if you’re proficient in setting connections with people.
4. Keep in mind that a good salesperson knows their product, so you’ll need thorough and detailed training in the programs you’ll be offering.

Nothing feels worse at a job than aa types of meetings when you’re unsupported by your colleagues and boss. Some employees and employers may view commission-based pay as a way to promote a negative environment in the workplace. Check to ensure you’re not hyping team members up to create a rivalry rather than harmony.

Therefore, any former experience or contacts in the manufacturing industry will quickly set up for success. Real estate agents work on a commission basis, earning a percentage of the sale price of properties they help buy or sell. This compensation model can lead to substantial earnings, particularly in markets with high property values. Real estate agents must possess strong negotiation skills and an in-depth understanding of the local market to thrive in this field. Ultimately, all of the commission-based jobs above are worth considering. Just make sure you’re comfortable with any sales aspects, as those are a common requirement of the work, as well as how the commissions are structured.

Pharmaceutical sales

When you’re not working for a regular salary, it can be tough to stay motivated. It can be easy to slack off or take shortcuts if you don’t feel like you’re being compensated for your efforts. When you work on a commission basis, you are usually not tied down to set hours.

In conclusion, commission-based jobs offer a unique avenue for individuals seeking to control their earnings based on performance. The diverse array of roles spanning real estate, technology, finance, and more underscores the vast potential within this compensation model. By leveraging skills, adapting to industry nuances, and strategically navigating commission structures, individuals can unlock unparalleled income opportunities in the dynamic landscape of commission-based work. Explore these opportunities, understand the intricacies, and embark on a rewarding journey where your efforts directly translate into financial success. As an employer, you decide what you want your commission structure, and commission-based pay for employees, to look like.

Nevertheless, it’s not plain sailing for real estate agents since their salary is usually entirely defined by the commissions from the properties they sell. Although many people believe a real estate agent’s job is only to find houses that fit customers’ needs, they also work with sellers to determine a fair market value, list their homes, and negotiate offers. In sales, your total compensation could be 50% base salary and 50% commission. So if your total yearly compensation agreement is for $100,000, $50,000 of that is guaranteed for the year and $50,000 is based on how well you perform. When you think of commission, your mind immediately goes to a sales-type role (think of a retail salesperson trying to get you to buy that extra pair of jeans). Commission is popular in most sales jobs because their responsibilities are heavily tied to a company’s revenue goals.

That’s why we’ve created an amazing free cheat sheet that will give you word-for-word answers for some of the toughest interview questions you are going to face in your upcoming interview. Based on the nature of the role, a solid understanding of both marketing and sales is valuable. That way, you can offer a ton of support to customers, increasing the odds that they’ll keep buying ad space. In many cases, commission jobs just aren’t for the faint of heart. If you underperform or struggle to hit goal, your income takes a hit.

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