Incentive compensation for sales refers to a performance-based rewards system designed to motivate salespeople and improve their performance. This type of compensation is directly tied to the achievement of specific sales targets, goals, or other performance metrics, and is typically offered in addition to a base salary.

RewardsTech refers to the use of technology to manage and administer employee rewards programs, which may include various types of compensation and benefits such as bonuses, salaries, stock options, retirement plans, and more.

ASC 606 (Accounting Standards Codification Topic 606) and IFRS 15 (International Financial Reporting Standard 15) are both accounting standards that provide guidance on revenue recognition.