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Spot Bonus: What It Is and How To Do It Right

Salesforce

Back to top ) Benefits of implementing spot bonuses Spot bonuses can help promote a positive workplace culture, providing a spontaneous way to show employees that they’re valued throughout the year. This may seem like the easiest option, but it won’t give the same level of encouragement as the options listed above.

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What is a SPIFF in Sales? Benefits, Types, and When to Use

Salesforce

While a SPIFF rewards individual salespeople for exceeding their personal sales quotas, a SPIV ( S ales P rogram I ncentive V oucher) incentivizes teamwork. Ideal for: Motivating individuals and teams to push beyond the minimum goal Mystery SPIFFs: Keep salespeople guessing until the end of the promotion period.