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How much commission do sales reps make?

How much commission do sales reps make?

The average in sales, though, is usually between 20-30\%. What is a good commission rate for sales? Some companies offer as much as 40-50\% commission. However, these are typically sales reps that require more technical skills and knowledge, plus have a compensation structure that relies more heavily on commission.

What is base pay and commission?

In a base plus commission structure, a set amount is paid to you each payday. This salary can consist of an hourly wage or a fixed amount paid during each pay period. On top of the base salary, the company pays you a commission based on the sales you make.

What percentage do you make on commission?

What is a typical commission? The typical commission depends on what is being sold. For manufactured goods, the commission rate tends to be around 7-15\% of the sale value. The commission on services tends to be much higher, being between 20 – 50\%.

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What is base salary plus commission?

Salary plus commission is one of the more common compensation structures used by employers to pay salesmen, although other job titles might also be rewarded this way. Employees receive a guaranteed base salary amount but also earn an undefined amount of commission based on the amount of sales they make.

Do commission based jobs have a base salary?

Many commission-based salaries also pay a base salary, although the percent of salary made up of commission can vary from just a few percent to almost the entire salary. Sales jobs that are commonly paid with a commission-based salary include real estate, computing and technology systems, and automobiles.

What is a good sales base salary?

Sales Base Salary

Annual Salary Monthly Pay
Top Earners $76,000 $6,333
75th Percentile $54,500 $4,541
Average $47,504 $3,958
25th Percentile $32,000 $2,666