cash bonus
A cash bonus is a financial reward given to employees in addition to their regular salary. It is often used to recognize outstanding performance, motivate staff, or encourage specific behaviors within a company. Cash bonuses can vary in amount and may be awarded on a one-time basis or as part of an annual incentive program.
These bonuses can be influenced by various factors, including individual performance, company profits, or achieving specific goals. Employers may also use cash bonuses to attract and retain talent, making them an important tool in human resources and employee engagement strategies.