Year-End Bonus
A year-end bonus is additional compensation awarded to employees based on performance, serving as a reward and incentive.
Benefits
A year-end bonus rewards employees for performance, serving as motivation and recognition.
Frequently Asked Questions
What is a year-end bonus for employees?
A year-end bonus is additional compensation given to employees at the end of the year, often based on performance or company profitability.
What is an annual bonus based on performance?
An annual bonus based on performance is extra pay given to employees as a reward for meeting or exceeding their goals.
Are bonuses considered employee compensation?
Yes, bonuses are a form of employee compensation.
Key Takeaway
A year-end bonus rewards employees based on performance, acting as a motivational incentive.