Explain Three Types of Financial Compensation and Rewards Given to Salespeople

question 49

Essay

Explain three types of financial compensation and rewards given to salespeople. Give one example of a nonfinancial reward.

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Definitions:

Embroidered

Decorated with needlework, often with colorful threads, to create designs or patterns on fabric.

Aprons

Protective garments worn to keep clothes clean during cooking or other activities.

Annual Salary

The total amount of money earned by an employee in a year, not including bonuses or other extra payments.

Direct Deposit

Payroll or other types of checks that are directly and electronically deposited into a bank account.