Work Bonus

A Work Bonus is an extra payment or benefit provided to employees beyond their regular salary, often as an incentive or reward for additional effort, achieving specific goals, or during special occasions. It can take various forms, such as cash bonuses, gift cards, or other perks. Employers use work bonuses to motivate staff, recognize performance, or encourage loyalty. They are typically given periodically, like annually or when certain targets are met, and are considered taxable income in many regions. Overall, a work bonus is a way to acknowledge and incentivize employees’ contributions to the company's success.