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 ?
The German automaker is (http://www.vw.com/) offering 0 percent financing for 60 months with a $1,000 model year end bonus. On Labor Day, purchasers can get an additional $500.