By Alison Doyle. Definition: Commission is a sum of money that is paid to an employee upon completion of a task, usually selling a certain amount of goods or services.Commission may be paid as percentage of the sale or as a flat dollar amount based on sales volume.Employers often use sales commissions as incentives to increase worker productivity.ommission may be paid as percentage of the sale or as a flat dollar amount based on sales volume. Employers often use sales commissions as incentives to increase worker productivity.
Bill Gross is a Portfolio Manager responsible for managing the Janus Global Unconstrained Bond Fund, and all related portfolios, and leading efforts to build out Janus' global macro fixed income capabilities.
David Paul Morris/Bloomberg NewsPeter Thiel. 1  Peter Thiel is putting his Facebook proceeds back to work. 2  The billionaire investor, best known for his contrarian views and his early bet on the social network, has opened a new venture capital firm, Mithril Capital Management, with a $402 million fund.