Bonus Scheme Rules Policy

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What is a Bonus Scheme Rules Policy?

A bonus plan is typically dependent on either annual turnovers or on the current value of a company. The Bonus Scheme Rules Policy defines the specific details of Bonus rewards.

Why is a Bonus Scheme Rules Policy important?

An annual bonus is designed to reward employees for exceptional contributions to the business during the prior year. It is usually an additional payment given along with their fixed salary. 

Bonus Scheme Rules Policy Related

Related terms: Bonus Scheme Policy, Bonus Policy, Corporate Bonus Policy, UK Bonus Scheme Policy, Bonus Scheme Policy Template

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