KIDS TRIVIA

Detailed explanation-1: -A bonus is a financial compensation that is above and beyond the normal payment expectations of its recipient. Bonuses may be awarded by a company as an incentive or to reward good performance. Typical incentive bonuses a company can give employees include signing, referral, and retention bonuses.

Detailed explanation-2: -Call a Meeting With All Employees Explain that the company will not be giving monetary bonuses for the current year. Tell the employees that you did not come to the decision lightly, and you understand everyone who has received a bonus in the past expected one for the current year as well.

Detailed explanation-3: -One of the biggest problems with a bonus is that it’s a one-time payment with no increased overall value to the employee. That money isn’t treated like an additional perk of the job; it’s just something they can use to pay down debt or buy something nice.

Detailed explanation-4: -Draft the structure of your letter. State why you’re requesting the bonus. Provide evidence for why you’re requesting the bonus. Invite the supervisor to discuss the bonus with you further. Proofread your letter before you deliver it. More items •03-Feb-2023