It’s no secret that a lot of us would love to have more money. That’s why a lot of people are drawn to commission-based roles. Commission-based roles tend to mean that you’re only paid on what you sell, not given an hourly rate of pay. So the harder you work, the more you get paid. Well, that’s the idea, at least. The concept behind this is that this will encourage you to work harder and sell more items. However, the downside to commission based rates of pay is that if you don’t sell anything, you don’t get paid.
Commission-based roles can be tricky things to get your head around. Potentially, you could end up earning a lot more than a normal salary. However, to do that, often you have to work seriously hard to ensure you take home a livable amount. Commission-based roles may pay well, but they’re not for everyone. To find out if working for commission could work for you, keep reading.
Are you a good salesperson?
The first question to ask yourself is, are you a good salesperson? If you’re not someone who is able to sell things to other – products or services, working in a commission-based role is a recipe for disaster.
However, if you’re someone who’s got the gift of the gab and could sell anything to anyone, then a commission-based role could be perfect for you. Just think how much you could potentially earn if you’re as good a salesperson as you think.
Do you cope well under stress?
Are you good with stress? If the answer is yes, then working in a commission-based role could work well for you. If not, it might be worth considering your other options. The truth is, working for commission only can be stressful, so you need to be able to manage stress effectively.
Why not opt for a role that’s salary and commission-based?
So, you want the chance to earn commission on the things that you sell, but you don’t want the stress of not getting paid if you don’t make a sale. Then, why not look for a role that offers a base salary? This is a salary you’ll be paid each month regardless of what you sell, and also commission for what you sell.
Mobile phone shops, for instance, offer their staff a set monthly salary as well as a commission on every contract they sell. Or, how about working as a realtor? Most real estate companies offer employees a base salary and commission. They do this by using a calculator for realtor commission to tote up what each employee is owed. By opting for this sort of role, you get paid either way, and any sales that you make will give you a little extra earnings each month.
Are you passionate about what you do?
Last but not least, if you want to work for commission or commission on top of a base salary, you need to be passionate about what you do. It’s impossible to make sales unless you’re passionate about what you’re selling. So it’s important to look for a role that interests you and that you enjoy doing.
A role in commission can be a great money maker. However, it can also be seriously stressful. That’s why it’s best to opt for a role that offers you a commission per sale you make, as well as a base salary.