retention bonus
Loyalty cash incentive
A retention bonus is a payment offered to keep an employee from leaving, typically during transitions like mergers, restructuring, or critical project phases.
Unlike performance bonuses, retention bonuses reward staying rather than achieving: She got a retention bonus to stay through the acquisition.
The payment usually requires remaining employed for a specified period.
- stayingContinuing in place
- loyaltyFaithful commitment to another
- payoutMoney distributed to recipient
- golden handcuffsFinancial incentives preventing departure
- incentiveReward encouraging action
compensation · cash payment · departure · exit strategy · turnover · contract · non-compete clause · signing · vesting · cliff · talent · talent war · poaching · headhunter · severance · package · negotiate · stock options
- workplacehours, cubicle, desk job, holiday party, desk
- benefitsadvantage, healthcare coverage, dental insurance, benefit, health screening
- bonusesstock options, one-time payment, lump sum, golden hello, incentive
- compensationpay, salary, income, wage, payment
- employee perkscompany car, gym membership, free meals, company housing, parking space
- job perkssalary, perks, pension plans, 401k, benefits
retention bonusseverance pay
Compensation upon job termination
severance package · separation pay · golden parachute · termination pay · exit package
retention bonussigning bonus
Payment upon accepting employment
sign-on bonus · welcome bonus · golden hello · relocation bonus
retention, bonus, retain, retains, retained, retaining, retainer, retainers, retentive