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Sales Incentive Plan ( SIP ) Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

Definition

Sales Incentive Plan ( SIP ) is for sales positions, eligibility determined by GBU . If you are in a direct customer facing sales position please discuss rules of Sales Incentive Plan with your line manager or your HR Representative.

Synonym(s)

Abbreviation(s)

Label(s)

Sales
Incentive
SIP
Plan

Sales Incentive Program Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

Definition

A Sales Incentive Plan (SIP) is applicable to customer facing employees having direct impact on achievement of sales objectives and it aims to leverage their motivation to outperform personal objectives. Participation in a SIP is determined by the GBU.