When is a Bonus Not a Bonus?

Avatar Posted by cbrendlinger under Employee Benefits
From http://www.awakeat2oclock.com 4032 days ago
Made Hot by: thelastword on October 23, 2013 6:17 am
We refer to many different types of payments to employees as bonuses. They range from very modest amounts paid for specific activities to substantial components of a worker’s total compensation package.The misuse of the term bonus occurs most frequently when the amounts are a normal and contractual part of an employee’s compensation package.





Comments


Written by lyceum
4031 days ago

Thank you for explaining the difference types of compensation programs. How common is it with a bonus system in the corporate world?



Written by BizRock
4032 days ago

Wow,this is very useful article.Thanks for sharing this article with the Bizsugar community - powerful stuff!



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