Bonus

A bonus refers to an extra amount of money or reward, often given to employees in addition to their regular salary or wages, usually as a form of incentive, appreciation, or recognition for exceptional performance. Bonuses can also be non-monetary and may include additional time off, gifts, or other perks that enhance overall compensation and motivation.

Bonus meaning with examples

• After a successful third quarter, the company awarded all its employees a generous bonus, which was well-received and motivated the team to maintain their high level of productivity. The financial boost allowed them to enjoy better personal experiences and helped to foster a positive workplace culture, where efforts are recognized and rewarded appropriately.
• As a result of her hard work and dedication to the project, Emily was thrilled to receive a substantial bonus from her manager. This recognition reinforced her commitment to the job and encouraged her to continue putting forth her best effort in future assignments. She considered this bonus a turning point in her career trajectory.
• The annual performance reviews led to several team members receiving bonuses for their exceptional contributions during the year. Recognizing these achievements not only motivated the current employees but also attracted prospective candidates who valued a workplace that appreciates hard work with financial rewards and other incentives.
• In the sports world, players often receive bonuses based on their performance statistics, such as goals scored or games won. This practice incentivizes athletes to excel and contribute significantly to their team's success. Bonuses can often play a crucial role in a player's contract negotiations, making performance vital to both the athlete's career and finances.