- 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.
Spot Bonus Spot Bonus is a spontaneous incentive awarded to individuals for accomplishments not readily measured by a
Bonus Bonus incentive money paid to employees in addition to their regular compensation.
Zero-based bonus Zero-based bonus is a plan design feature that establishes a preassigned class, ratio, or ranking for a specified class of employees who will receive zero bonus awards.
Retention bonus Retention bonus is an incentive payment used to entice employees from leaving the organization. Typically employees are asked to sign an agreement stating they
Discretionary bonus Discretionary bonus is a form of variable pay where an employer provides additional cash compensation to an employee for reasons that are not pursuant to any prior contract
Bonus plan Bonus plan is an incentive pay plan which awards employees compensation, in addition to their base salary, for achieving individual or group performance and productivity goals.
Annual Bonus Annual bonus refers to plans that are designed to motivate short-term performance of managers and are tied to company profitability.