Holiday Leo Mobile are considered discretionary. Is Singular 'They' a Better Choice? These examples are from the Cambridge English Corpus and from sources on the web. Collocations with bonus. Add the power of Cambridge Dictionary to your website using our free search box widgets.

BonuГџes Video

These bonuses are often dependent on the company meeting specific revenue targets, or the employer may base them on different criteria such as sales, employee retention, or meeting growth goals.

While employees might wish that executive bonus payments were tied to performance results, this is not always the case. Contracted bonus pay is not common outside of the executive suite.

Many companies offer bonuses to people below the executive level as well, although this practice is rare.

These bonuses are based on many different factors, but many companies base them on three things. If you're a sales employee inside or outside , commissions are generally a good portion of your pay.

These are often referred to as bonuses as well, but they differ from other bonuses in that they are directly tied to your sales numbers and generally not to anything else.

Some companies cap the total sales bonus an individual employee can receive. Some sales organizations reward employees with bonus pay without commission.

Other organizations set team sales goals instead of individual sales goals. As a team member, you'd earn what the other team members make, a portion of the pooled commissions and bonus, if available.

No one will ever complain about extra money, and the boss is always free to hand out bonuses. Many companies do year-end or holiday bonuses that are not part of a contract and were not promised in the employee handbook.

Employers can change handbooks and amounts of bonus pay, but if the employer doesn't make and communicate the changes to employees, then the company is obligated to pay out as described.

Related content Expenses and benefits for employers Expenses and benefits: A to Z Expenses and benefits: Christmas bonuses Running payroll.

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Tell us about this example sentence:. The word in the example sentence does not match the entry word. The sentence contains offensive content.

Cancel Submit. Your feedback will be reviewed. B2 an extra amount of money that is given to you as a present or reward for good work as well as the money you were expecting :.

The company used to give discretionary bonus payments. B2 a pleasant extra thing:. I love the job , and it's an added bonus that it's so close to home.

Good weather is an added bonus but the real appeal of the area is the fantastic variety of landscape. Profit sharing is when the profits of a company are given to staff in the form of an additional bonus payment.

The DVD version of the film features a bonus disc containing extra footage and interviews with the actors. The new contract gives workers less salary , but bonuses for hitting efficiency and sales targets.

Gifts in the form of money. You can also find related words, phrases, and synonyms in the topics: Pleasure and happiness.

Want to learn more? A bonus is also any result that is an unexpected benefit :.

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Bonuses 09 July Bonuses are either guaranteed under contract, discretionary or some combination of the two. The details of any bonus schemes should be specified in the terms of the employment contract.

To subsequently fail to comply with a term in a contract may be found to be unlawful and the law provides for recourse against the guilty party.

In most bonus schemes, employers allow themselves the discretion to decide who would be eligible for a bonus, the amount payable and whether to pay any bonuses at all in a particular year.

If as an employer you have a contractual bonus scheme i. If you have a discretionary bonus scheme, it is more likely you can change the scheme without consulting employees because you have made the employees aware that the way the scheme is run is fully at your discretion.

To label a scheme discretionary, and then ensure that it is discretionary in practice, informs your employees that the provisions may not be provided in the same way, or at all, throughout their employment.

If there was cause for amending the scheme, you would simply exercise this discretion and then inform employees of the change.

However, changes to contractual schemes require agreement between employer and employee. To introduce a change to a contractual bonus scheme, it is essential that you convey to employees your intentions in advance of taking any action.

Undertake consultation with your employees, which includes informing them all of the intended changes and making sure they can discuss any particular concerns with you.

For information about our Contract of Employment advice, drafting and consultancy service, please visit our business service page. Top Guides Redundancies due to restructuring: Procedure Redundancy procedure for furloughed employees Redundancy selection guide for employers All guides.

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Speak to an expert. This website uses cookies to ensure you get the best experience on our website. A bounty is a public aid or reward offered to stimulate interest in a specific purpose or undertaking and to encourage performance: a bounty for killing wolves.

A premium is usually something additional given as an inducement to buy, produce, or the like: a premium received with a magazine subscription.

See also present 2. Words nearby bonus bontebuck , bontempelli , bontemps , bontoc , bontok , bonus , bonus army , bonus baby , bonus eventus , bonus issue , bonxie.

Words related to bonus premium , prize , gift , perk , gratuity , benefit , bounty , dividend , reward , gravy , goody , tip , ice , commission , plus , honorarium , frosting , hand-out.

Cyclopedia of Commerce, Accountancy, Business Administration v. British a slang word for a bribe. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

And who put it there, anyway? Literally How to use a word that literally drives some people nuts. Is Singular 'They' a Better Choice?

Can you spell these 10 commonly misspelled words? Listen to the words and spell through all three levels.

Login or Register. Save Word. Log In. Definition of bonus. Synonyms Example Sentences Learn More about bonus.

Keep scrolling for more. Synonyms for bonus Synonyms cumshaw , dividend , donative , extra , gratuity , gravy , gravy train , lagniappe , perk , perquisite , throw-in , tip Visit the Thesaurus for More.

Examples of bonus in a Sentence As a bonus for good behavior you can stay up late.

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