Sales Commission Calculator
Answers the Question
How much did a salesman earn?
Calculator for Sales Commission
What Is the Sales Commission?
A commission is a form of payment used to incentivize agents to pursue sales. The more revenue that a given salesman generates for his firm, the more income he'll receive in return, in the form of a commission.
Many salesmen aren't just paid with salary. They all receive a commission from every product sale. This is true for people in all sorts of professions including real state agents, interior decorators, or car salesmen,
Why Is it Important?
- Without understanding the affect of each sale on his profits, a salesman will not know where to direct his efforts for maximum efficiency.
Formula(s) to Calculate Sales Commission
- COMMISSION = SALES * COMMISSION PERCENTAGE
Common Mistakes
- Focusing upon the number of sales, rather than their total value. A single large sale is often easier and more profitable than many small sales.