Are you on a fixed monthly wage? Looking for a change? Let us help you!
There are typically two modes of paying employees. First is the traditional time-rate payment where employees are given a fixed and pre-determined wage, per period (typically per month). Second is the commissioned-based payment, where employees are paid according to the number of their sales or completion of a task.
Taking on a commission-based career requires a certain formula of skill and personality traits, based on what you need to do in the job. However, commission-based work can bring you unlimited earning potential and better job satisfaction. In this article, we will show you the advantages of commission-based work and why you should consider making it your career.
1. You set your own schedule
Commission-based jobs are generally flexible. You are in charge of your schedule and so you are responsible for when you facilitate your professional and personal demands. If you’re looking for a good work-life balance, a commission-based job may be a great fit for you.
2. It motivates you to get results
Different people need different methods of motivation. A well-aligned compensation plan will keep people hungry for more and keeps them focused on the prize. There is a clear and achievable goal, which you will want to fullfil.
3. You have control over your income
Just as you are responsible for your schedule, it is also up to you to set and hit your quotas. So, if you need to earn some extra income to pay your bills or buy something really nice, you know that you’ll have to work harder. Similarly, if you have fulfilled all your monetary goals for the moment, you might not need to push yourself as much and focus on other projects.
4. You are your own boss
In a commission-based job, you don’t need to worry about fulfilling responsibilities put on to you by others. You can choose what projects you want to take up, how you want to complete them and when you need to complete it. You have control over your own destiny.
5. Embrace the conflict and grow
Business is all about building long-lasting and fruitful relationships between yourself, your company and your client. Sometimes when you engage with a client and/or a project, you will face challenges that will test your abilities. While on the job, you will learn how to embrace the conflict, because by doing that you will learn more about yourself and realize your strengths and weaknesses. Through it, you can grow as an entrepreneur and as a person.
If you are still hesitant to take on a commission-based job, don’t be. The rewards are truly worth it and a good company with a good team will work towards makings sure you are successful because they know that they will grow as you grow.
If you are interested to explore a commission-based career, join the IQI agency today! Leave us a contact detail and one of our esteemed agents will be in touch to assist you in the next step of your future.