A bonus is a supplemental amount paid over and above what is normally due to an employee. There are a variety of ways companies determine the amount of a bonus. When it comes to completing payroll, ...

Performance-based bonuses are incentive systems for a company's employees that tie personal and teamwork efforts to financial rewards for the individual employee and team. Individual bonuses are used ...

The bonus is based on factors such as basic pay, eligibility ceiling, and a fixed bonus rate. The Central Government Diwali bonus is an ex-gratia payment given to eligible non-gazetted employees. The ...