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Bonuses are a type of compensation paid to an eligible employee in addition to a previously set hourly wage, contract amount or annual salary. While many companies provide bonuses in the form of cash, a bonus can take any form as long as it provides value to employees as well as the organization.

Most Common Types of Bonuses and How They Work | Indeed

indeed : career-advice : career-development : bonuses

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An annual bonus is usually based on overall company performance. This means you may get a large or small bonus (or no bonus at all) depending on how successful your organization or specific department was that year, as well as how big a part of that success you were. This can also be considered profit sharing.

What Are Typical Bonuses, and How Do They Work? - The Muse

themuse : advice : how-bonuses-work

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