What is Incentive Pay?

What is Incentive Pay?

What is incentive pay? Incentive pay can be defined as a type of variable compensation that is awarded to employees when they have completed a specific set of performance objectives. Often described as “performance-based pay,” a “bonus,” or a “reward,” incentive pay...
What is a Sales Incentive Program?

What is a Sales Incentive Program?

What is a sales incentive program? A sales incentive program is a plan or strategy that motivates salespeople to surpass status-quo performance metrics. A sales incentive programs may use non-cash incentive rewards, cash-based sales performance incentive funds...
6+ Sales Incentive Program Examples and their Key Benefits

6+ Sales Incentive Program Examples and their Key Benefits

Sales incentive programs are strategic tools for achieving sales goals. Statistics show that when the long-term goal is to drive sales, companies turn to sales incentive programs to get the job done. With over 25 years of incentive program experience, we’ve seen...