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The story of an imaginary word that managed to sneak past our editors and enter the dictionary. How to use a word that literally drives some people nuts.
The awkward case of 'his or her'. Or something like that. Test your knowledge - and maybe learn something along the way. Synonyms Example Sentences Learn More about bonus.
Synonyms for bonus Synonyms dividend , extra , gratuity , gravy , lagniappe , perk , perquisite , throw-in , tip Visit the Thesaurus for More.
Examples of bonus in a Sentence As a bonus for good behavior you can stay up late. The product has the added bonus of providing extra vitamins.
Staff members were given a bonus for finishing the project on schedule. The company offered bonuses to entice new workers. We receive annual bonuses at the end of the year.
Recent Examples on the Web Instead, the company fired a handful of employees and gave bonuses to others responsible for the violations. Film Review Karlovy Vary ," 13 July These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bonus.
First Known Use of bonus , in the meaning defined above. History and Etymology for bonus Latin, literally, good — more at bounty.
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More Definitions for bonus. English Language Learners Definition of bonus. Kids Definition of bonus. A reward bonus may be a one-time offer or may be a periodic payment.
Reward bonuses are not always cash. Sometimes they are paid out in kind in the form of stocks , gift cards , a day off, a holiday turkey, or simply just a verbal appreciation.
Examples of bonuses given to an employee for a job well-done include the annual bonus scheme , spot bonus award, employee appreciation award, gain sharing bonus and milestone bonus.
In the event that the firm makes a profit during its fiscal year of operation, the profit will be shared amongst the employees, with executives in the C-Suite getting a larger piece of the pie.
The employee appreciation bonus could also fall under the spot bonus scheme or it could be its own separate award plan given to an exceptional employee.
Workers who reach a milestone with the firm, say 10 years of employment, may also be recognized with additional compensation in cash or kind.
Not all bonuses are offered as an incentive or a reward. Some bonus payments made out to employees are not earned,and are given only because the individual is part of the company.
Example of a just-because bonus is the holiday bonus, which ranges from payments in cash or kind to all employees to an extra month's salary in addition to the salary for 12 months already received.
In general, people assume that workplace bonuses are issued to reward workers who have adequate and above-average performance levels, and whose work benefits the company and generates more profit.
This includes those who fail to meet performance expectations. Research reveals that businesses that reward all staff, disregarding performance, generally tend to grow more slowly and in many cases end up generating less money.
Lack of successful and effective management of employee performance typically causes companies to lose profits. However, the majority of businesses in the United States are still rewarding mediocre employees, and there are a number of reasons why.
Performance-based bonus systems, particularly those that are extremely restrictive, cause substantial headaches, mainly in the shape of staffer complaints, lower morale and anger — taken out on management, colleagues and sometimes even on customers and clients.
As a result, bonuses are often issued to even the poorest-performing workers, to avoid dealing with backlash: It's simply easier to pay bonuses to all employees.
This allows management to avoid discussing inadequate performances with employees and explaining why they weren't given bonuses, or were given smaller bonuses than their better-performing co-workers.
Even chief executive officers CEOs who have tried to implement strictly numbers-based reward-and-punishment bonus systems have found great difficulty in doing so.
Then too, it is often difficult to judge the rate of performance, even when using "objective" measures. For example, judging an employee on his failure to meet a certain quota or deadline is not always a good indicator of how hard the employee is working or how valuable he is to the company: The worker may be struggling against unavoidable production delays or downward trends in the economy.
Finally, some companies may try to use bonuses not as a reward for good work in the past year, but as an incentive for better work in the future — in effect, a bribe to boost workers' overall performances going forward.
There's another reason every worker might receive, or at least be promised, a bonus. Within the past decade or so, companies have increasingly been replacing raises in salary partially or entirely with bonuses, a change affecting everyone from the senior executives to the secretaries and assistants.
Such variable pay can be adjusted to suit the economic health of the company and, in slow years, can be written off entirely.
Compare this to a company that increases salaries every year and then tries to cut wages during a recession.
The increased control over wages has additional benefits aside from its flexibility. Save on salary costs, save on benefit costs. Another unnerving statistic is the amount in bonuses that are actually given out, specifically to top-performing employees.
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A bounty is a public aid or reward offered to stimulate interest in a specific purpose or undertaking and to encourage performance: A premium is usually something additional given as an inducement to buy, produce, or the like: See also present 2.
Related Words for bonus premium , prize , gift , perk , gratuity , benefit , bounty , dividend , reward , gravy , goody , tip , ice , commission , plus , honorarium , frosting , hand-out.
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