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What is a bonus?

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A bonus is an additional payment on top of the basic salary, given to an employee as a reward for good work.

Overview

Bonuses are an effective tool for motivating employees.

With CatalystOne's solution for salary review, HR and managers gain a clear overview of bonus schemes and other compensation.


HR Terms and Abbreviations - this is our HR Glossary

Whether you work in HR and want to brush up on your knowledge, or if you are just curious about learning HR terminology, this dictionary is for you.