bonus

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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 ?
The radical weight-loss regimen of GOCC bonuses would allow 'these government corporations to allocate more funds to better serve the public,' said the commission on GOCCs.
In the past six years, Texas has paid $317 million in bonus payments and hiring bonuses, as well as bonus payments to health and human service department workers from a federal stipend for "high performance bonus" payments to workers.
The statistics agency said bonuses made up 6.2% of total pay for the 12 months to March, a 0.2 percentage point increase on the year before.
By contrast, people working in accommodation and food services were awarded bonuses of around PS400, while employees in public administration and education received PS100.
The end of the calendar year is associated with many pleasant things--the holiday season, spending time with family and friends, time off from work, and, in some cases, bonuses from an employer.
In January this year, the subject of NR bonuses was raised in a Court of Appeal judgment which saw NR lose its appeal over a PS150,000 fine over a 2010 level crossing incident at Beccles in Norfolk in which a 10-year-old boy suffered life-changing injuries.
Dr Cable said: "The public will not understand why big bonuses and salaries continue to be paid out by a loss-making public enterprise, still under-performing in many areas.
The consulting firm says that while bonuses, on average, will rise, some areas of finance will recieve much more than others.
In some sectors or industries, it is commonplace for employees to receive bonuses as a result of custom or practice.
Nearly half of firms believe bonuses will hold firm, while PWC said companies were bowing to pressure to "exercise restraint" after bonuses had crept up to around 80 per cent of pay before the financial crisis.
An anonymous associate told Thomson Reuters that "people are definitely annoyed," because the shifting of the bonuses exposes them to higher taxes if rates go up.
Another 30 two-year-old bonuses will be paid out in Ireland, while 29 bonuses will be available to eligible winning three-yearolds in Britain and Ireland thanks to a carryover fund of pounds 290,000 from last year.