performance bonuses
Performance bonuses are additional financial incentives given to employees based on their achievement of predetermined goals, targets, or benchmarks set by their employer. These bonuses are awarded as a reward for exceptional performance and to motivate employees to consistently exceed expectations.
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Similar Concepts
- performance benchmarks
- performance degradation
- performance enhancement
- performance goals
- performance incentives
- performance management and rewards
- performance ratings
- performance upgrades
- performance-based bonuses
- performance-based compensation
- performance-based compensation and rewards
- performance-based job perks
- performance-based pay
- performance-based promotions
- performance-based rewards