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.
Jeffrey Vinik was a former manager of Fidelityâs Magellan Fund, the largest actively managed mutual fund in the US. Jeff Vinik managed the fund from 1992 to 1996, generating an average return of 17% per year. He launched his own hedge fund, Vinik Asset Management, after leaving Fidelity. Vinikâs performance was spectacular. In his first 11 months, he nearly doubled investorsâ money.