Bonus incentive money paid to employees in addition to their regular compensation.
Webster Dictionary Meaning
1. Bonus- A premium given for a loan, or for a charter or other privilege granted to a company; as the bank paid a bonus for its charter.
- An extra dividend to the shareholders of a joint stock company, out of accumulated profits.
- Money paid in addition to a stated compensation.
Category: HRM & Labor Studies
Share it: Cite
More from this Section
Garnishment is a court order requiring an employer to withhold a certain percentage from ...
- Business Plan
A business plan is a written document that describes all the aspects of a business venture ...
- Global compensation
Global compensation can be defined as pay practices relating to employees who are working ...
- Candidate-Order (contrast) Error
Candidate-order (or contrast) error means an error of judgment on the part of the interviewer ...
Merger means two organizations combine resources and become one to achieve economies of ...