Bonus Plan

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Bonus Plan

The policies a company follows in paying out bonuses. The bonus plan includes details on eligibility, the circumstances under which bonuses are paid and how amounts are determined. For example, a bonus plan may state that employees are eligible for a bonus after a certain number of months with the company when the company collects more than a certain percentage of its accounts receivable.
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According to those players' contracts, the bonus schedule agreed with the squad at the start of a season and lodged with the Premier League cannot be changed during the season under any circumstances.
City's 250 million pound super-squad studied the small print in their bonus schedule after beating Arsenal 3-0 in the quarter-final.
Clubs are strictly forbidden from altering the bonus schedule they register before the start of each campaign.
Indian Affairs senior management is more concerned with ensuring they hit their own pay bonus schedules than providing our children a proper education according to our Inherent and Treaty Right," said Vice Chief Simon Bird, in a FISN press release.
That money has gone but in many cases the contractual commitments and bonus schedules remain.