bo·nus
bo·nus/ˈbōnəs/
noun
an amount of money added to wages on a seasonal basis, especially as a reward for good performance.
"big Christmas bonuses"
synonyms: extra payment, gratuity, tip, handout, gift, present, honorarium, reward, prize, commission, dividend, premium, percentage, incentive, inducement, perk, sweetener, cut, perquisite, bounty, lagniappe
People also ask
What is the legal definition of a bonus?
A bonus is a payment made in addition to the employee's regular earnings. Under the FLSA, all compensation for hours worked, services rendered, or performance is included in the regular rate of pay. The Act provides an exhaustive list of payments that may be excluded from the regular rate of pay.
What is the IRS definition of a bonus?
bonus - compensation received by an employee for services performed. A bonus is given in addition to an employee's usual compensation.
What is the actual meaning of bonus?
Bonuses may be awarded by a company as an incentive or to reward good performance. Typical incentive bonuses a company can give employees include signing, referral, and retention bonuses. Companies have various ways they can award employee bonuses, including cash, stock, and stock options.
How much is considered a bonus?
The typical bonus amount can range from 1% to 15% of an employee's salary, usually depending on a number of factors such as industry, company performance, and individual or team accomplishments.
: something in addition to what is expected or strictly due: such as a : money or an equivalent given in addition to an employee's usual compensation.
an extra amount of money that is given to you as a present or reward for good work as well as the money you were expecting.
A bonus is a type of additional compensation an employer gives to an employee that complements their base pay or salary.
Bonus payment
A bonus payment is usually made to employees in addition to their base salary as part of their wages or salary. Wikipedia
A bonus is a gift to reward performance, paid either by a private employer or by a government: a bonus based on salary; a soldiers' bonus. A bounty is a public ...
A bonus is an extra amount of money that is added to someone's pay, usually because they have worked very hard. Workers in big firms receive a substantial part ...
/ˈbʌʊnəs/ Other forms: bonuses. Definitions of bonus. noun. an additional payment (or other remuneration) to employees as a means of increasing output.
What Is Bonus Pay? A Definition for Office Managers. - HR for Health
hrfh.hrforhealth.com › bonus-pay
Bonus Pay Definition. Bonus pay is financial compensation given to employees on top of their regular earnings. It is a popular employee benefit in healthcare.
BONUS meaning: 1 : something good that is more than what was expected or required; 2 : an extra amount of money that is given to an employee.
Bonuses are wages that employees receive as a reward for exceptional performance or as a holiday gift.
an extra amount of money that is added to a payment, especially to somebody's wages or salary as a reward. a £100 Christmas bonus; productivity bonuses ...
