What is the term for compensation paid to a salesperson at regular intervals in a fixed amount?

The term that describes compensation paid to a salesperson at regular intervals in a fixed amount is indeed salary. A salary provides a steady income regardless of the individual's sales performance, allowing salespeople to have predictable earnings which can be particularly advantageous in sales environments. In many organizations, a salary is part of a broader compensation package that may include different forms of pay, such as commissions or bonuses, which can vary based on sales results.

Understanding this concept is crucial because it highlights the different ways salespeople can be compensated, with each method having its advantages and disadvantages. Salary compensation can help attract and retain talented employees by providing financial stability, while commissions and bonuses can motivate sales staff to boost their performance but with less predictable income. In contrast, terms like commission, bonus, and incentive refer to variable compensation structures that are contingent on performance, which distinguishes them from a salary's fixed nature.