1. Performance Bonus: This kind of bonus is given to employees based on their performance in a given period e.g. year or quarter (adsbygoogle = window.adsbygoogle || []).push({}); 2. ...

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 ...

Performance bonuses are intended to be motivational tools that encourage employees to keep goals in mind and take action in their everyday work to help the company achieve those goals. ...