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 stock market run up has also created large year end bonuses, along with profit makers and profit takers.
Private sector companies are expected to make nearly 40 million regular payroll payments, and year end bonuses are normally paid at this time as well.
PAULA Financial (NASDAQ:PFCO) today announced that the Company has not been able to file its Quarterly Report on Form 10-QSB for the quarter ended June 30, 2006 on a timely basis due to unresolved issues relating to charges for year end bonuses, adjustments to certain accruals for Company expenses and accounts receivable related to year end bonuses paid to Jeff Snider, the Company's Chairman and Chief Executive Officer.