November 2023
Intermediate to advanced
448 pages
12h 25m
English
A bonus (sometimes known as ‘variable pay’) is a cash ‘lump sum’ payment made to employees in addition to their base pay. It can be a payment related to individual, team or organizational performance, although the term ‘bonus’ also refers to any additional ‘lump sum’ cash payments to employees such as ‘thank you’, retention and Christmas bonuses.
This chapter considers individual performance-based bonuses. ...
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