Voted #1 AI Writer
Commission Sharing in sales refers to the practice of dividing the sales commission earned from a sale among multiple salespeople or team members who contributed to closing the deal.
Synonyms: commission split, commission distribution, commission allocation, sales commission sharing
Commission Sharing encourages teamwork and collaboration among sales staff. It ensures that all contributors to a sale are fairly rewarded, which can boost morale and motivation.
When a sale involves multiple salespeople, the total commission is split based on agreed-upon criteria such as effort, role, or contribution. This can be a fixed percentage split or a negotiated arrangement.
If two sales representatives work together to close a deal with a $1,000 commission, they might split it 50/50 or 70/30 depending on their involvement. This ensures both are compensated fairly.
