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 the company's performance, individual performance, or both. They serve as an incentive to motivate employees and improve overall productivity. Companies may distribute year-end bonuses in various forms, such as cash, stock options, or gift cards. The timing and criteria for these bonuses can differ between organizations, but they are generally seen as a way to recognize and appreciate employees' efforts throughout the year.