Bonus

Bonus is the extra payment or financial component which is received as a reward for doing one’s job well. Bonus usually comes along with salary of the employee. It is the gesture of appreciation from the organization towards their employees. Bonus is given globally in most of the organization across different nations. It is not only given for the job well done but also to keep the employees motivated and focused. This is either given during the festivals as well such as Diwali, Christmas, etc or is part of the salary structure of the employee. The distribution of the bonus completely depends upon the policies of the organization. The amount of the bonus depends upon the profitability of the organization.

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