Understanding Different Types of Bonuses: A Comprehensive Overview
[NigerianEye - Nigeria] - 10/11/2025
Bonuses represent additional compensation or rewards beyond regular pay or standard offerings. They serve various purposes across different contexts, from motivating employees to rewarding customer loyalty. Understanding the different types of bonuses helps both organizations and individuals make informed decisions about compensation structures and reward programs.Employee Performance BonusesPerformance-based bonuses directly tie compensation to individual or team achievements. These bonuses typically evaluate metrics such as productivity, quality of work, project completion, or exceeding (…)
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