Many companies give performance-based bonuses to individuals or teams based on specific achievements and milestones. These bonuses come in addition to the employee’s base salary or hourly wage as an ...

A discretionary bonus is a form of additional compensation an employer independently decides to give to an employee without ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Amanda Jackson has expertise in personal finance, investing, and social services. She is a ...

If these aren’t really performance bonuses, then the justification for them falls apart. If they are performance bonuses, then we’re doing them wrong. Jodi Smith, currently the executive director of ...

Michigan Gov. Gretchen Whitmer gave bonuses, totaling over $145,000, to 15 cabinet members and department directors. Most of the bonuses were close to 5% of the appointees' salaries, which are ...