# Commissions (Pay)

**IRI:** https://folio.openlegalstandard.org/Ry9hX7PSumXkvA5dFwO49X

## Labels

**Preferred Label:** Commissions

## Definition

Commissions refers to a percentage-based payment earned by individuals, often salespeople, for each sale or transaction they facilitate. It serves as a motivation to generate business and is directly linked to the volume or value of sales achieved

## Sub Class Of

- https://folio.openlegalstandard.org/R8aNhIN6jIIVcj5Cbh8Bduw
- https://folio.openlegalstandard.org/R9QN0xnYI5Hase8OfxFx2Nd

## Parent Class Of

- https://folio.openlegalstandard.org/R77zwCEC3rQgFNALnni6eGm
- https://folio.openlegalstandard.org/R8YMVMAr8OFlouOGxvnfBrp
- https://folio.openlegalstandard.org/RBMrWiofB1FOTYJxccL0cPq
- https://folio.openlegalstandard.org/RZYXLke0clPKdsZaimRsPl

**Deprecated:** False