The performance bonus
Example: Performance bonus rewards employees for achieving specific goals
Definition
"The performance bonus" refers to a financial reward given to employees based on their achievement of specific work-related goals or exceptional job performance. It serves as an incentive to motivate higher productivity and recognize outstanding contributions within an organization.
Etymology
The phrase "performance bonus" combines "performance," from the Old French 'parfournir' meaning to accomplish, and "bonus," from Latin meaning good or beneficial. Together, it reflects the concept of a positive reward given for accomplishing tasks or goals well. Did you know that the use of bonuses as incentives dates back to early business practices aiming to boost employee morale?
Learn to use this word actively
"The performance bonus" appears in the Vocaplus list "English - HR - (A1-C2) - set 1", containing 182 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select English as the language you want to learn.
Create a free account
