year-end bonus

December extra pay

A year-end bonus is extra compensation paid to employees at the close of the calendar or fiscal year, typically in December.

It may be a fixed amount, a percentage of salary, or tied to company performance.

Some industries treat year-end bonuses as expected compensation; others offer them as discretionary rewards: Everyone's counting on a good year-end bonus.

Opposites
compensation type

year-end bonushourly wage

Pay calculated per hour

base pay · guaranteed income · base salary · biweekly pay

financial outcome

year-end bonuspay cut

Reduction in earnings

salary reduction · termination · wage garnishment · demotion · financial penalty

timing within compensation cycle

year-end bonussigning bonus

Payment upon accepting employment

quarterly bonus · spot bonus · advance payment

Family

year, years, yearly, yearlong, ends, ending, endless, endlessly, bonus

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Positive · Everyday, not technical · Rated G