performance bonus

Definition

Compensation for work performed above and beyond normal or expected duties. Performance bonuses are often used as incentives for increased productivity of an individual or team in a corporate environment. A predetermined performance bonus for meeting a specific goal or target is common in the sales industry and for C-suite executives at large companies. Occasionally, performance bonuses are awarded in recognition of exceptional work even when the employer has no contractual obligation to do pay a bonus.

单词	performance bonus
释义	performance bonus Definition Compensation for work performed above and beyond normal or expected duties. Performance bonuses are often used as incentives for increased productivity of an individual or team in a corporate environment. A predetermined performance bonus for meeting a specific goal or target is common in the sales industry and for C-suite executives at large companies. Occasionally, performance bonuses are awarded in recognition of exceptional work even when the employer has no contractual obligation to do pay a bonus.
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