Year-end bonuses are additional payments given to employees at the end of the fiscal year, often as a reward for their hard work and contributions. These bonuses can vary in amount and are typically based on individual performance, company profits, or both. Many companies use them as a way to motivate employees and improve job satisfaction. The practice of awarding year-end bonuses is common in various industries, including finance, technology, and retail. While some bonuses are fixed amounts, others may be a percentage of an employee's salary. Overall, year-end bonuses serve as an incentive for employees to meet or exceed their performance goals.