Benefits of a Commission-Based Job

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June 16, 2021
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July 23, 2021

According to the job search platform Indeed Malaysia, the average base salary for a fresh graduate is RM2,427. As a middle-class working Malaysian, we all know that a salary of RM2,500 is just enough for some to make ends meet. Numbeo estimates an average single (unmarried) Malaysian’s monthly expenses is around RM1,930, excluding rent!

Taking into consideration the cost of living and expenses of an average young adult, it is no wonder why so many young Malaysians are always keeping an eye out for better job opportunities! As we mentioned in our previous blog post, one of the main reasons for people being unsatisfied with their job is due to low salary.

Check out our blogpost on ‘5 Factors to Look For In Your Dream Job

A Fresh Graduates’ Dilemma

You may think that since you have zero working experience – apart from a few part-time jobs during your schooling days, you are lucky enough to even have a job to begin with. Most fresh graduates tend to settle for the average salary of between RM2,200 to RM2,500.

Of course, there are some who are comfortable with that fixed amount of income. In order to make sure they have enough money to be put into savings, many find themselves living below their means and making sacrifices in their lifestyle choices.

However, we believe that there is a segment of the community out there that consist of high-achievers, risk-takers who are always looking for ways to grow their income and expand their wealth.

If you are someone who prefers an exciting and rewarding commission-based earning, you’ve come to the right place!

Choosing a Commission-Based Career

Before deciding on whether you want to embark on a commission-based career, here are a few things you need to know.

A commission-based career means that you will be paid a sum of money upon the completion of a sale. The amount of the commission earned will be based on an agreed percentage of the product sold.

The most striking difference between a commission-based job and a full-time job is that instead of receiving a fixed-rate payment each month, someone with a commission-based income will be paid according to their sales performance and completion of the task. With that said, you reap what you sow. The more sales closed will result in higher commission earned, at times the total commission earned may be ten-folds of an average monthly income for a typical Malaysian.

By opting for a commission-based career, you are allowing yourself to step out of the comfort zone of a fixed wage and giving yourself the opportunity to earn a limitless income which is based purely on the amount of hard work you put in.

Sounds like something you wish to explore?

Click here to learn more about a commission-based career in real estate.

Perks of a Commission-Based Career

In this article, let’s explore the top 5 perks of a commission-based career!

  1. Flexible time and work schedule

One of the biggest perks of being a commission-based earner is the fact that you are pretty much your own boss. You have autonomy over your time and schedule which allows you to prioritize your tasks throughout the day. With the flexibility that comes with the job, it also allows you to allocate time for other activities in a day, such as time for socializing with your business network, spending time with your family and loved ones, as well as some time for self-enrichment.

  1. Motivation and drive to work harder

Since a commission-based income is largely determined by the number of closed deals, it will indirectly pressure you into working harder to achieve the sales target you have set for yourself. While some people see commission-based income as a volatile stream of revenue, there are others who prefer the high-risk, high-reward approach which drives them to challenge their potential time and time again.

  1. Instant reward for hard work

Being rewarded instantly for the effort you have put in for something is one of the best feelings in the world. As a commission-based earner, there is a direct correlation between the amount of work put in with the results of your labour. Rather than having to wait for an annual appraisal and year-end bonus, one of the biggest wins of commission-based income is to receive your incentives within a week from the date of a successful deal.

  1. Hone your selling skills

The basis of a commission-based career is the ability to sell something to a client. After years of earning a commission-based income, you will find that your ability to pitch sales and convince people are improving tremendously. This acquired skill is something that will benefit you regardless of the profession you choose in the future.

  1. Preparing yourself to run your own business

Most people who choose to become commission-based earners tend to have a long-term goal in mind, which is to eventually become their own boss. What better way to train yourself for one of the most important job positions in your life than having years of experience in a commission-based career? Similar to owning a business, a commission-based earner has to be a master at prioritizing, possess a no-excuse mentality, have a constant drive for success and must be extremely persuasive. These are all the skills that you can master by choosing a commission-based career!

Conclusion

Every job you choose will have its pros and cons. What you need to look at is the amount of pros that outweighs the cons. In this case, a commission-based career provides you with an unlimited monthly income and instant gratification on your hard work. 

The choice is clear. Together with Hectarworld, you can achieve the dream of a rewarding commission-based career!

Explore the benefits of a commission-based career as a real estate negotiator

We are looking for youthful newcomers with the drive to succeed! No experience needed. Fresh graduates are welcomed to join us! Our team of experienced consultants will provide you with FREE training and help you become a registered Real Estate Negotiator!

Your dream of a rewarding career begins with Hectarworld.

Provide us with your details and our agent will be in touch with you soon!