By Alison Doyle. Definition: Commission is a sum of money that is paid to an employee upon completion of a task, usually selling a certain amount of goods or services.Commission may be paid as percentage of the sale or as a flat dollar amount based on sales volume.Employers often use sales commissions as incentives to increase worker productivity.ommission may be paid as percentage of the sale or as a flat dollar amount based on sales volume. Employers often use sales commissions as incentives to increase worker productivity.
Bill Gross is a Portfolio Manager responsible for managing the Janus Global Unconstrained Bond Fund, and all related portfolios, and leading efforts to build out Janus' global macro fixed income capabilities.
James Simons. Founder, Renaissance Technologies Corp. The quantitative trading genius behind Renaissance Technologies retired from his hedge fund firm in 2010, but he still plays a role at Renaissance and continues to benefit from its strong performance. The firm's biggest fund, Renaissance Institutional Equities, was up 21.5% net of fees in 2016.