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Bonus
A sales bonus is a monetary reward given to a salesperson over and above their base pay. Bonuses are often treated differently from commissions, although they both come under variable pay. While commissions are usually earned on a per deal basis, bonuses are given to reps when they achieve a Learn more
Best Practices
Best practices are the collective set of strategies, guidelines, approaches and ideas commonly accepted as the most effective way of dealing with any business situation. Each field or industry has its own set of established best practices. For anyone looking to grow in their profession, it is vital that they Learn more
Base Pay/Base Salary Base
Base pay is the bare minimum salary paid to an employee for a certain role. The base pay amount is usually determined by an employee's skill level, the position they are applying for, and the guidelines set by the company's Human Resources department. The base pay is just one component Learn more
