Sales Incentive (Noun)
Meaning
Remuneration offered to a salesperson for exceeding some predetermined sales goal.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The salesperson received a sales incentive of an additional 5% bonus for meeting the quarterly target.
- A sales incentive plan was introduced by the company to motivate its employees during the holiday season.
- The sales team worked hard throughout the year to achieve their goals and earn the sales incentive offered by the company.
- In order to give the salespeople an extra push, management offered a sales incentive for the next few months.
- The company set up a sales incentive program that rewarded the best salesperson of the month with a free vacation.