bonus

bonus

An amount of money paid to employees above and beyond their stipulated salary. These can be given when as and when company can afford them or specific time (e.g. before Chinese New Year in China) and will be calculated as a percentage of salary.

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Part of Speech: noun
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Industry/Domain: Business services
Category: Human resources
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Related terms

kpi’s

Business services; Human resources

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A rating method where the rater assigns a specific value on a fixed scale to the behavior or performance of an individual instead of assigning ratings based on comparisons between ...

affirmative action

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Carried out on behalf of women and disadvantaged groups and members of such groups are placed in dominant positions.

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autocratic leadership

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Leader determines policy of the organization, instructs members what to do/make, subjective in approach, aloof and impersonal.

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