A bonus is an additional payment or reward given to employees beyond their regular salary, often tied to individual performance, team results, or company profits.
Explanation
Bonuses are a way to motivate employees, recognize achievements, and encourage productivity. They can be one-time, annual, performance-based, or profit-sharing, depending on company policies.
Offering bonuses can enhance employee satisfaction, improve retention, and align staff efforts with company goals. In industries with project-based work or seasonal peaks, bonuses are often used to reward extra effort or successful project completion.
Example
A logistics company in Abu Dhabi provides a year-end bonus to warehouse staff who meet performance targets. This encourages employees to maintain high productivity throughout the year.
