spiff
1
8.8
- noun
- /spɪf/
- Jargon
:
incentivo
- I overcome all objections and make the sale, earning the spiff.
Examples
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The sales staff eagerly waited to hear how much spiff they could earn for their outstanding performance this quarter.
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I already paid out $10,000 in spiff money this month.
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How much spiff money do you need?
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It's the spiff money for the weekend.
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You have to pay off your current contract before you can expect to get spiffs on a new one.
Blog text (23) -
Now, clearly that has not happened, so I went to my old man, and I convinced him to manually cut your checks, so in addition to the $5,000 in spiff money I have for you guys this weekend, I can also guarantee that you will be paid on Monday.
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That kind of per-item bonus is generally called a "spiff" in the sales world, and it was pretty common even among accessory makers; when Motorola or Jabra would come out with a new, expensive Bluetooth headset, there was often a $5 spiff attached for each sale to jump-start sales.
Blog text (34) -
After meeting her sales target, she celebrated by treating herself with the spiff she received as a reward.
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The manager announced a new spiff program to motivate the team to sell more of the new product line.
Synonyms
601
1.3
Something given to a person to thank them for doing something good
310
2.2
A company pays extra money to an employee for good work
147
5.5
A payment given for doing something such as catching a criminal
38
4.8
A prize given to people as a reward for buying or entering a contest
A reward for a person who sells more than a set goal
Antonyms
How Big
Surface Forms
Etymology
Spiff as a small sales reward probably comes from old shop slang and is linked to spiffy, which means 'smart' or 'neat'. Shops gave a little extra pay to help sell things, so a spiff came to mean a tiny bonus for sellers.