Bonus

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Bonus

Compensation in money and/or stocks over and above one's salary. Bonuses are given after a company realizes exceptionally high profits and for extremely good work employees perform. Bonuses often are given near the end of the year or major holidays.
References in periodicals archive ?
had a set of bonus procedures, the court found that bonuses paid could not be considered as bonuses for work performed, which would allow them to be included when calculating the average wage.
Under the new rules, GOCCs may parlay bonuses only if they achieve a 90 percent rating in their performance score cards.
Government workers, including civilian and uniformed personnel, will all receive their year-end bonuses and cash gifts starting today.
"Most bonuses are paid at the end of the year, in both the private and public sectors.
Some P70 million has been earmarked for the additional bonuses, Board Member Salvador Escalante, Committee on Finance and Appropriations Chair said.
Yet the bonuses have flowed like oil in Texas even as the state also gives steady raises to employees; a total of 7 percent in 2006-2007, 4 percent in 2008-2009 and 2.5 percent this year.
Poor financial situation is the reason why the majority of employers will not pay bonuses - 70% of this group of companies.
Phil Sheridan, senior managing partner at recruiter Robert Half UK, said the jump in the value of bonuses reflected the battle for talent throughout the labour market.
Businesses typically have non-discretionary bonuses for sales employees for whom results can be more easily quantified.
Workers in finance and insurance saw their bonuses increase by an average of PS300.
All bonuses are available until Sunday, August 14th only.
"We're seeing the local banks in the UAE continue to set the pace regarding compliance bonuses nationally.