Tag Archives: Discretionary Bonus

So You Want to Give Your Employee a Bonus?

Proposed
There are many reasons employers give bonuses to employees. Bonuses are a motivator.  They effectively reward past contributions.  Bonuses also allow employers to provide additional compensation to the workforce on a one-time basis without baking in wage increases and thus increasing the costs of wage-based benefits such as vacation.  Sometimes, employers have an exceptional year … Continue reading this entry

Give a Gift That Gives...Not a Gift That Sues

Every year during the holiday season we are encouraged to focus on giving, whether it be giving thanks, giving to the needy, or giving gifts. For many employers, the holidays present the ideal time to give employees additional compensation in the form of a bonus in lieu of yet another promotional tchotchke. After all, monetary … Continue reading this entry