What is bonus in SAP CEC-SAL-COM - Sales Cloud Commissions?

SAP Term: bonus

• Component: CEC-SAL-COM

• Component Name: Sales Cloud Commissions

• Description: In the business of variable compensation, bonus is a incentive that is awarded when a specified performance goal is met, such as attainment of a quota.

Smart SAP Assistant

• Key Concepts: 
  Bonus is a type of incentive payment that is offered to sales representatives in the CEC-SAL-COM Sales Cloud Commissions component of SAP. It is a reward for achieving certain goals or milestones, such as meeting a sales quota or achieving a certain level of customer satisfaction. Bonuses are typically paid out in cash or other forms of compensation, such as gift cards or travel vouchers. 
  
  How to use it: 
  In the CEC-SAL-COM Sales Cloud Commissions component, bonuses can be set up and managed by administrators. Bonuses can be set up for individual sales representatives or for groups of sales representatives. Administrators can also set up bonus criteria, such as sales quotas or customer satisfaction levels, that must be met in order for the bonus to be paid out. 
  
  Tips & Tricks: 
  When setting up bonuses in the CEC-SAL-COM Sales Cloud Commissions component, it is important to ensure that the criteria for earning the bonus are clearly defined and communicated to all sales representatives. This will help ensure that everyone is on the same page and that there is no confusion about what needs to be done in order to earn the bonus. 
  
  Related Information: 
  For more information about setting up and managing bonuses in the CEC-SAL-COM Sales Cloud Commissions component, please refer to the SAP Help documentation.