annual bonus
End-of-year perk
An annual bonus is extra compensation paid once a year, typically at year's end or after performance reviews.
Companies use annual bonuses to reward employees for meeting goals, share profits, or retain talent: Her annual bonus depends on hitting sales targets.
The amount may be fixed or tied to individual or company performance.
- year-endLate December period
- end of yearFinal period of twelve months
- performanceCarrying out a task
- performance reviewWorkplace assessment of employee
- payoutMoney distributed to recipient
direct deposit · incentive · reward · merit increase · salary · December · holiday party · envelope · earnings · tax bracket · merit · windfall · raise · compensation · holiday · profit-sharing · profit margin · gratitude
- employee perkscompany car, gym membership, free meals, company housing, parking space
- incomesalary, earnings, income, wages, pay
- job perkssalary, perks, pension plans, 401k, benefits
- perkspaid leave, vacation days, sick leave, health insurance, dental plan
- work rewardsmerit pay, merit raise, raise, stock options, profit sharing
- Yearlybirthday, New Year, fiscal year, calendar year, yearbook
annual bonusbase pay
Compensation before additions
base salary · hourly wage · steady income · guaranteed income · monthly salary
annual bonuspay cut
Reduction in earnings
salary reduction · wage garnishment · financial penalty · clawback · wage deduction
annual, bonus, annually, annuals, bonuses, annuity, annuities, anniversary, anniversaries