Cash Bonuses

A cash bonus is a financial reward given to an employee, usually as a form of recognition or motivation. It is an extra amount of money paid on top of their regular salary or wages, often based on performance, company success, or achieving specific goals. Bonuses can be used to reward individual effort, team contributions, or overall company profitability. They are typically paid out periodically, such as quarterly, annually, or after a particular project, providing employees with immediate financial appreciation for their work and encouraging continued performance.