Chelsea is a marketing manager and receives a lump sum payment from her company based on the company's higher-than-normal profits from last year. Chelsea's compensation is called a ________.

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Chelsea's compensation is a lump sum payment based on the company's higher-than-normal profits from last year, which is a clear indication that she is receiving a bonus. Salaries and wages are generally paid on a regular basis, while commissions are typically paid based on sales and are not necessarily tied to a company's profits.

Chelsea Is a Marketing Manager and Receives a Lump Sum