The entry-level Blue lacks shiny trim that spiffs up the exterior.
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Back then, sales specialists were elgible for spiffs, or an immediate sales bonus, and commission.
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"You could make spiffs on each appliance," a former manager from Pennsylvania told Business Insider.
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Still, for many sales specialists, spiffs and commissions came to make up a major slice of their annual pay.
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These fixed allowances were established in 2012, when then-CEO Rob Niblock did away with commissions and spiffs for sales specialists.
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The employee estimated that, between the cessation of spiffs and commissions in 2012 and the cancellation of allowances in 2020, their overall pay will have dropped by around $40,000 a year.
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According to an internal Lowe&aposs document from February 13, 2012, about half of those spiffs and commissions were paid by the company, with the other half being fronted by the product&aposs manufacturer.
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"We are replacing a portion of this income with an adjustment in affected employees' pay equivalent to 50% of their 2011 earnings received from SPIFFs and commissions" for paychecks between January 28, 2011, and January 13, 2012.
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One sales specialist in appliances, who started working at Lowe&aposs after the retailer did away with spiffs and commissions, told Business Insider that they prefer not to feel pressured into closing a deal at all costs.
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Lowe&aposs is doing away with its "allowances," a fixed amount of cash doled out to a small group of long-term employees who previously earned spiffs, or an immediate sales bonus, and commission on sales before 2012.
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"We are replacing a portion of this income with an adjustment in affected employees&apos pay equivalent to 50% of their 2011 earnings received from SPIFFs and commissions" for paychecks between January 28, 2011, and January 13, 2012.
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Next year, Lowe's employees say, the company will also do away with its allowance, a change that affects a small group of long-term employees who earned spiffs, or an immediate sales bonus, and commission on sales before 2012.
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Even as the Blackpool Tower spiffs itself up — with a 4D movie featuring diving gulls and sea spray, and costing more than 860,000 pounds — there is nostalgia, too, with its circus and ballroom and its sense of a prettified past.
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It starts with toasting several cloves of sliced garlic, which not only provide excellent crunchy texture, they also flavor the oil that cooks the ground pork (you could easily use chicken or turkey), which then spiffs up the store-bought chicken broth.
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In 2006, Dell acknowledged that it had problems with customer service. Issues included call transfersDell Spiffs Up Its Service. Business Week.
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The company paid its salespeople on a draw against commissions program, although they were paid spiffs instead of pure commission. Spiffs were calculated based on profit margin and other incentives, not based on the price of the product. Salespeople were not encouraged to sell the more expensive unit, but a model not carried by the competition which couldn't be directly price compared and therefore had a higher mark-up. Salespeople learned that the coin endings of the products directed them to which item to sell.
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A spiff, or spiv is slang for an immediate bonus for a sale. Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product. It is sometimes given as SPIF or SPIFF with invented words to fit the letters, but these are not the origin (see below).
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The Mason Jar was founded in 1979. Early Arizona acts of note included the Spiffs, Blue Shoes, Llory McDonald, and the Schoolboys (later to become Capitol Records recording act Icon). It was founded by Clyde Shields and then sold to Franco Gagliano after a couple of years in business. Gagliano is credited with growing the club and making the small venue a success with national touring bands.
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The problem was compounded by retailers favoring Microsoft Windows, especially after the introduction of Windows 95. Computers running Windows were generally cheaper, and encouraged by manufacturer spiffs, advertising co-ops, and other promotion programs. In addition, many stores preferred to sell their own branded white box PCs, something Apple would not allow. As a consequence of these issues, Apple overestimated demand for Performa machines in 1995 while also underestimating demand for high-end Power Macintosh models, leading to significant oversupply issues.
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Promoted by Glenn De Jongh, the night featured reunions of many past Mason Jar acts from the 1980s and 1990s. Acts included The Spiffs/Urge, Raven Payne, Schoolboys Again (with members of Icon, King Kobra and Lizzy Borden), Scratch & Sniff, Egomaniacs, Killer Pussy, Blue Shoes, Box Of Cherries/Einsteins & Scott Rowe. Long time owner, Franco introduced the bands. In 2015, the site of old Mason Jar became a local musical venue once more when Stephen Chilton of Psyko Steve Presents re-opened it as The Rebel Lounge.
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In 1936 Rex Stout used the word in Nero Wolfe's "The Red Box" (Chapter 3): "He stopped, smiling from Wolfe to me and back again like a haberdasher's clerk trying to sell an old number with a big spiff on it." In 1947 it was reported that spiffs were prizes given to employees who sold particularly high amounts of electrical goods.TIME magazine Nov 17, 1947 "Retail Sales: Spiff Spiked" In 2019, Dell EMC use the term SPIF (Sales Performance Incentive Fund) to refer to programs designed to target business that might otherwise go to competitors.
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