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.
Bill Gross at the Morningstar conference in June. Bill Gross , the 70-year-old billionaire and founder of the Pacific Investment Management Company (PIMCO) and arguably the most powerful man in the bond market, is leaving the firm he founded and heading to Janus Capital, according to a statement Janus released Friday morning.