Terms Beginning With 'b'

Bonus

  • January 22, 2020
  • Team Kalkine

Bonus can be defined as a financial compensation given to an individual on top of the regular payment the individual expects. Any senior or an entry-level employee can be eligible for a bonus. A company can use a bonus to show gratitude or reward achievements. A bonus can be monetary and non-monetary. Companies these days offer bonuses in various forms such as referral bonus and retention bonus, among others, to their employees.

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