Question Details

	Username: Peter Rating: Asked to: Tom Burke Date Created: 09 Sep 2016
Category	28
Tag	Financial
Question	What does 'Year-End Bonus' mean?

Advice from Guru

Hello Peter,

A reward paid to an employee at the end of the year. Many year-end bonuses are tied to performance metrics and the amount can vary depending whether certain milestones are met. Year-end bonuses are usually made up of lump-sum payments used to reward the individual for hard work and dedication.

Sometimes called a "Christmas bonus".

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