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  2. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    In other words, the bonus is creating an incentive to improve business performance (as defined through the bonus plan). 3. Employee retention – retention is not a primary objective of bonus plans, yet bonuses are thought to bring value with employee retention as well, for three reasons: a) a well designed bonus plan is paying more money to ...

  3. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Nominal wages. Adjusted for inflation wages. Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.

  4. Bonus payment - Wikipedia

    en.wikipedia.org/wiki/Bonus_payment

    Bonus payments in the UK in 2013. A bonus payment is usually made to employees in addition to their base salary as part of their wages or salary.While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a ...

  5. The VP in charge of Delta’s employee benefits says ... - AOL

    www.aol.com/finance/vp-charge-delta-employee...

    Good morning! Delta made a splash last week when it paid its employees a $1.4 billion bonus. As the airline industry as a whole continues to bounce back from a pandemic-induced downturn, Delta ...

  6. Merit pay - Wikipedia

    en.wikipedia.org/wiki/Merit_pay

    Merit pay. Merit pay, merit increase or pay for performance, is performance-related pay, most frequently in the context of educational reform or government civil service reform (government jobs). It provides bonuses for workers who perform their jobs effectively, according to easily measurable criteria. In the United States, policy makers are ...

  7. Performance-related pay - Wikipedia

    en.wikipedia.org/wiki/Performance-related_pay

    Performance-related pay. Performance-related pay or pay for performance, not to be confused with performance-related pay rise, is a salary or wages paid system based on positioning the individual, or team, on their pay band according to how well they perform. Car salesmen or production line workers, for example, may be paid in this way, or ...