Zero-Based Bonus: A plan design feature that establishes a pre-assigned class, ratio, or ranking for a specified class of employees who will receive zero bonus awards.

 

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Zero-Based Bonus: A plan design feature that establishes a pre-assigned class, ratio, or ranking for a specified class of employees who will receive zero bonus awards.

Retention Bonus: An incentive payment used to entice employees from leaving the organization. Typically employees are asked to sign an agreement stating they will remain employed for a specific duration or u . . . View Full Definition

Signing Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to rental or royalty payments.

Stock Bonus Plan: When two or more orders for a stock at a certain price arrive about the same time, and the exchange's priority rules take effect. NYSE rules stipulate that the bid made first should be execu . . . View Full Definition

Lease Bonus: Money paid to a mineral rights owner in exchange for granting a lease. This payment may be in addition to any rental or royalty payments.

Zero-Based Budgeting: A budgeting system that starts with no authorized funds as a starting point. In a zero-based budget, each activity or program to be funded must be justified every time a new budget is prepar . . . View Full Definition

Discretionary Bonus: A form of variable pay where an employer provides additional cash compensation to an employee for reasons that are not pursuant to any prior contract, agreement or promise that would lead th . . . View Full Definition

Bonus Commodities: From the agricultural perspective, these are commodities donated to domestic feeding programs that USDA acquires for unexpected surplus removal reasons or because Commodity Credit Corporatio . . . View Full Definition

Bonus Plan: An incentive pay plan which awards employees compensation, in addition to their base salary, for achieving individual or group performance and productivity goals.

Bonus Time: Bonus time is use of a resort in addition to regular allocated time on a space available basis. A Developer Bonus Week (DBW) is available to members who own timeshares only at a participatin . . . View Full Definition