Year-End Bonus
Content
Definition
A year-end bonus is additional compensation awarded to employees based on performance, serving as a reward and incentive.
Usage and Context
A year-end bonus is extra pay given to employees based on performance, acting as a reward and incentive.
Frequently asked questions
- What is a year-end bonus for employees? A year-end bonus is additional compensation given to employees at the end of the year, often based on performance or company profitability.
- What is an annual bonus based on performance? An annual bonus based on performance is extra pay given to employees as a reward for meeting or exceeding their goals.
- Are bonuses considered employee compensation? Yes, bonuses are a form of employee compensation.
Benefits
A year-end bonus rewards employees for performance, serving as motivation and recognition.
Conclusion
A year-end bonus rewards employees based on performance, acting as a motivational incentive.
