1.

Performance-based annual bonuses are an example of

Answer» YEAR-End Bonus'

A year-end bonus (sometimes called a "Christmas bonus") is a reward PAID to an employee at the end of the year. Many year-end bonuses are tied to PERFORMANCE metrics, and the amount can VARY depending on whether certain milestones are met. Year-end bonuses are usually made up of lump-sum payments used to reward the individual for hard work and dedication.


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