bonus


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Related to bonus: bonus depreciation

bonus

A general term for any benefit of a job or a lump-sum payment given to an employee, often at year’s end—e.g., “Christmas bonus”—which is a tangible expression of the employer’s gratitude for the employee’s performance.

bonus

Any benefit of a job or a lump-sum of cash given to an employee, which is a tangible expression of the employer's gratitude for the employee's performance. See Immune bonus, Marriage bonus, Signing bonus.
References in periodicals archive ?
Clearly the retention bonus is not working, but they pay it anyway," said Lance Lowery, a spokesman for the Texas correctional employees union, which would rather see base wages increase to lock in bigger future pay raises and benefits.
Therefore, employers are well advised to consult with experienced employment counsel to formulate bonus language that will insulate it from litigation.
Zurich's survey also found the majority of company bonuses (81 per cent) equated to one month's salary or less; while a lucky seven per cent received a bonus worth three times or more their monthly salary.
Other factors may cause the fact of the liability to be established, and the amount of the liability to be reasonably determinable, in 2013, even if the employee is required to be employed on the bonus payment date to receive the bonus.
A decision to operate the bonus scheme each year is discretionary;
The IRS indicates that any change in an employer's treatment of bonuses to conform with this new guidance is a change in method of accounting and must be handled in accordance with applicable procedures; however, the ruling provides employers with an opportunity to modify their bonus plans without removing the employment requirement to obtain a current deduction for accrued bonuses paid within 2 1/2 months of the tax year-end.
6 per share of after-tax net profit on average and the year-end bonus is estimated at 5.
The devolved government in Northern Ireland has already moved to block bonus payments to its senior civil servants in the current financial year.
Apr 22, 2009 American Airlines AAdvantage Award: 1,000 bonus miles Expires: 11/30/2009 Restrictions: Sign up for the AAdvantage Dining program and dine within your first 30 days of membership (minimum spend of $25) and earn 1,000 bonus miles.
Often, the executive uses the bonus to purchase a life insurance policy which provides death benefit protection and tax-deferred accumulation of cash value.
Usually, the brokers don't find out about their bonus until January, but this year they have been shopping around and buying since late November.
25 percent ``manpower shortage range'' bonus for clerks and librarians, a $1-an-hour weekend bonus and a 5.