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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City write lucrative bonus schedules into the contracts of all their players - and Sergio Aguero (below) and Yaya Toure were also in line to cash in after being named on the original long list list for FIFA's top player award.
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.