Sales Special Incentive Program Schedule
SALES SPECIAL INCENTIVE PROGRAM SCHEDULE
Presented below is the Sales Special Incentive Program Schedule table, delineating monthly sales targets, incentive types, corresponding details, and qualification criteria to facilitate a structured approach in incentivizing sales performance.
Month |
Sales Target ($) |
Incentive Type |
Incentive Detail |
Qualification Criteria |
---|---|---|---|---|
Jan |
25,000 |
Cash Bonus |
5% of sales exceeding the target |
Minimum 80% of the target achieved |
Feb |
30,000 |
Vacation Package |
A 3-day all-inclusive trip to a tropical destination |
Top salesperson of the month |
Mar |
28,000 |
Product Discount |
30% discount on company products |
At least 100 units sold |
Apr |
35,000 |
Technology Upgrade |
Latest high-end company smartphone |
Highest number of new accounts |
May |
40,000 |
Extra Paid Time Off |
2 additional paid leave days |
100% of the target achieved |
Jun |
45,000 |
Conference Sponsorship |
Sponsorship for a major industry conference |
Most improved sales from the previous month |
Jul |
50,000 |
Membership/Subscription |
One-year premium industry-related subscription |
A minimum of 90% of the target achieved |
Aug |
55,000 |
Team Outing |
Team event with activities and dinner |
The whole team exceeds the combined target |
Sep |
60,000 |
Cash Bonus |
10% of sales exceeding the target |
Highest sales in product categories |
Oct |
65,000 |
Professional Course |
Fully-paid sales or leadership course |
At least 15% growth over last month |
Nov |
70,000 |
Stock Options |
Options for company stock |
Top 3 salespeople of the month |
Dec |
75,000 |
Year-End Bonus |
20% of total annual sales exceeding the target |
Top salesperson of the year |
Notes:
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All incentives are subject to performance reviews and the discretion of the management of [Your Company Name].
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Sales targets are based on gross sales and are subject to change based on market conditions.
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Qualification for incentives requires compliance with all company policies and procedures.
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This schedule is effective as of [Effective Date], and supersedes all previous incentive schedules.
For further information or clarification, please contact the program coordinator.
Program Coordinator: [Coordinator Name]
Email: [Coordinator Email]