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
- Yellow dog contract
Yellow dog contract is an employment contract or agreement, either oral or in writing, ...
Decertification is the legal process that grants employees the right to unionize also ...
- National Labor Relations Act (Wagner Act) of 1935
National Labor Relations Act (Wagner Act) of 1935 means prohibits management from interfering ...
- Prevailing wage
Prevailing wage is a rate of pay determined by the U.S. Department of Labor based upon ...
- Vertical management
Vertical management is a traditional organizational structure consisting of primary functions ...