Year-End Bonus

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Year-End Bonus

A bonus paid to employees at the end of a calendar year. Year-end bonuses are popular with employees, but bad feelings can result if they received a bonus one year but not the next. However, they are good for morale, especially since they come close to Christmas and other end-of-year holidays. Year-end bonuses may be calculated based on sales, collections, performance or in some other way.
References in periodicals archive ?
Among the other leading banks in Maryland: BB&T Bank committed to paying $1,200 year-end bonuses to about three-fourthsof its workforce.
Many people plan to use year-end bonuses to pay off holiday bills when they come due in January.
It looked at how many employees receive a Christmas bonus (13th salary) and year-end bonuses and what is their average amount.
The government will sell at least P30 billion in five-year retail treasury bonds (RTBs) next week while Filipinos are still planning what to do with their year-end bonuses.
These year-end bonuses unfortunately will just end-up in debt payments for many of our teachers," Basas said.
By law, publicly traded companies must disclose compensation — including year-end bonuses for key executives — via an 8-K filing with the Securities & Exchange Commission.
Auto dealers have complained of meeting unrealistic sales projections in order to qualify for year-end bonuses as foreign automakers expand their manufacturing capacity and number of distributors to chase market share.
Provide Year-End Bonuses to Employees - Bonuses and associated payroll taxes are deductible.
17 January 2014 - The 2014 Hedge Fund Compensation Report from US-based research firm Benchmark Compensation reported that hedge fund players received increases in both base salary and year-end bonuses.
Beginning in that year, salaries and wages from these categories were included as part of labor income, and in 2004 income from these categories in the form of piecework, commissions, tips, overtime, year-end bonuses, incentives, other bonuses, rewards or prizes, extra pay, vacation bonus, and profit sharing was included.
Private sector wage growth softened suddenly in December as data suggested employers awarded smaller year-end bonuses.
Read more recent InsideCounsel law firm news: Pillsbury, Dickstein Shapiro in merger discussions M&A partner leaves Cravath in rare move Weil, Gotshal & Manges defers associates' bonuses to January 2013 Boies Schiller year-end bonuses top out at $250,000 K&L Gates, Kirkland make headlines