Companies and employers hire employees on different payment terms and one of them is commission on sales. As an employee you must enter into the sales commission agreement when potential employer or company asks you to join on the base of sales commission. Commission agreement is a legal document that indicates what percentage of sales commission an employee, worker or sales person will get after selling what amount of products or services in specific period of time. Most of companies and employers ask new hires to sign the commission agreement to prevent future misunderstandings.
In this advanced age of business, majority of companies and business settings hire sales persons to sell products or services to end users and pay them handsome percentage of commission according to value of sales made. They prepare and sign commission contract before hiring employees on commission base. Sales commission contract outlines terms and conditions of the job and expectations of both parties to move forward without facing troubles. Sales commission agreement templates are downloadable here for free to compose detailed and professional in appearance sales commission contracts or agreements for all types of businesses and companies.
As an employee who works on commission for the employer or company, not having a well written commission agreement can cause worries for you at the time of getting payment. Sales commission agreement sample must include all essential elements such as names and contact details of both parties, basic salary for employee if any, percentage of commission, value of sales to get extra commission and payment terms etc. Word commission contract templates are useful to create professional looking commission contracts in MS word to hire new employees on commission basis. Commission agreement forms are also added in collection of sales commission agreement samples for help of users.