With the right combination of work ethic, people skills, and self-discipline, working on commission is an extremely rewarding way to earn a living and build a successful career. Sales teams that work on a sales compensation plan earn more when the company sells more, making these pay structures a win win for both sales professionals and their employers. There are many types of sales commissions, but taking a job that offers commission either on top of or instead of a base salary can pay off for motivated employees looking to maximize their earning potential.
Let’s take a look at six benefits of commission work.
You control what you earn.
One of the best things about commission based work is that you can make as much money as you want. If you’ve ever had an hourly or salaried position, you know how frustrating it can be to have to wait for a raise in order to see a bigger paycheck. When you earn sales commission, however, you get to determine this yourself. This is especially great when you’ve got your heart set on a big purchase: in addition to saving up over time, you can increase your income and speed up the process.
It’s the best preparation for running your own business.
Have you ever realized that business owners are technically working on 100% commission? If their companies aren’t making money, they aren’t either. There is no better practice for an aspiring entrepreneur than a job that pays commission rather than a fixed salary. Whether working as a sales rep, a real estate agent, or earning another type of commission based pay, working on commission will teach you self-reliance, a no excuses mentality, organization, money management, and resilience — all of which are essential for survival when you’re running your own show.
You aren’t micromanaged.
Another huge perk of being paid on commission is having a high degree of autonomy, which means that your boss isn’t looking over your shoulder all day. This is great for people who enjoy making their own decisions or who prefer working independently. With most commission jobs, it’s up to you to determine exactly how to structure your day to maximize success.
You can’t become stagnant.
When you’re picking up an automatic weekly paycheck, it’s easy to take your foot off the gas from time to time, especially if you know a co-worker is getting away with doing less work for the same pay. Jobs with a commission structure force you to stay on your toes, which is great for your professional growth. When you’re always on your A-game, career success is inevitable.One of the perks of commission work is the direct relationship between working hard and seeing results. Click To Tweet
Your effort is rewarded.
As much as delayed gratification is crucial for long-term success, we all love a good immediate reward. One of the perks of commission work is the direct relationship between working hard and seeing results. Doing that little bit extra — visiting that one additional customer, asking that one extra question, putting in that extra hour — has the potential to pay off, literally. Each individual sale matters, and typically when the employee works harder the employee earns more too.There’s something to be said for ‘the thrill of the hunt’. Successful salespeople will even tell you that there’s something addicting about it. Nothing feels better than working hard, earning a sale, and seeing a happy customer. Click To Tweet
There’s something to be said for ‘the thrill of the hunt’. Successful salespeople will even tell you that there’s something addicting about it. Nothing feels better than working hard, earning a sale, and seeing a happy customer. Since no two days are exactly alike, working on commission is always an exciting adventure.
If you’ve never earned sales commission before, the idea might sound intimidating. But, as anyone who has tried it for themselves will tell you, if you possess a student mentality, a strong work ethic, and an internal drive to succeed, you’ll find that the rewards of a sales commission plan are plentiful.
We are Cydcor, the recognized leader in outsourced sales and marketing services located in Agoura Hills, California. From our humble beginnings as an independent sales company to garnering a reputation for consistently exceeding client expectations and driving outstanding revenue growth, Cydcor has been helping Fortune 500 and emerging companies achieve their customer acquisition, retention, and business goals since 1994. Cydcor takes pride in the unique combination of in-person sales, call center, and digital marketing services we offer to provide our clients with proven sales and marketing strategies that get results.