Oscar works in pharmaceutical sales.His base compensation is fairly low,but it is enhanced with compensation directly tied to his sales results.The incentive-based payments Oscar receives are called ________.

Question

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Commissions are incentive-based payments that are directly tied to an employee's sales results. It is common in professions such as pharmaceutical sales, where an employee's compensation is typically low, but can be significantly enhanced with commissions based on their sales performance. Bonuses, on the other hand, are typically given as a form of reward or recognition for achieving certain goals beyond the regular duties of an employee. Wages, salaries, and defined contribution plans are all forms of regular compensation that do not directly tie to an employee's performance in the same way that commissions do.

Oscar Works in Pharmaceutical Sales