What context can I use each word in?
Learn when and how to use these words with these examples!
spiff
Example
The company offers a spiff of $50 for every sale of this product. [spiff: noun]
Example
The sales team was motivated by the spiff offered for meeting their monthly target. [spiff: adjective]
bonus
Example
The company gave out bonuses to all employees for their hard work this year. [bonus: noun]
Example
She received a bonus for completing the project ahead of schedule. [bonus: adjective]
Good things to know
Which word is more common?
Bonus is a more common word than spiff in everyday language. Bonus is a versatile term that can be used in various contexts, while spiff is more specific to sales and marketing.
Whatโs the difference in the tone of formality between spiff and bonus?
Both spiff and bonus are relatively informal terms, but bonus is more commonly used in formal settings, such as business or employment contracts.