CASH BONUS Meaning and
Definition
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A cash bonus refers to a monetary reward or extra payment provided to an individual or an employee in addition to their regular salary, as an appreciation or recognition of their exceptional performance, accomplishments, or for achieving specific goals or targets. It is a form of incentive compensation that is often used by organizations to motivate and encourage employees to work harder, increase productivity, and achieve higher levels of success.
Cash bonuses are typically given as a lump sum payment and can be based on various factors, such as individual performance, team performance, company profits, or meeting certain performance metrics. They are also often discretionary in nature, meaning that employers have the flexibility to determine the amount and eligibility criteria for the cash bonus.
Cash bonuses can act as a powerful tool to boost employee morale, increase job satisfaction, and enhance overall motivation and engagement levels within an organization. They are often a means to reward desired behaviors and outcomes, and to retain top talent by acknowledging their contributions and efforts.
It is important to note that cash bonuses are different from other forms of compensation such as allowances, benefits, or stock options, as they are directly paid in monetary form and are generally not subject to the same level of taxation or restrictions.
Common Misspellings for CASH BONUS
- xash bonus
- vash bonus
- fash bonus
- dash bonus
- czsh bonus
- cssh bonus
- cwsh bonus
- cqsh bonus
- caah bonus
- cazh bonus
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- cadh bonus
- caeh bonus
- cawh bonus
- casg bonus
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- casu bonus
- casy bonus
Etymology of CASH BONUS
The etymology of the word "cash bonus" is as follows:
1. Cash: The word "cash" originated from the Middle French word "caisse", which meant money or box. It was derived from the Provençal word "caisso", meaning chest or trunk. The word evolved in English during the 16th century and has since primarily referred to physical currency or money in hand.
2. Bonus: The word "bonus" originated from the Latin word "bonus", meaning good. It was used in Latin as a noun to refer to anything good, advantageous, or beneficial. In English, the word "bonus" has retained a similar meaning throughout history, referring to something extra, additional, or beyond expectation.
The combination of "cash" and "bonus" together forms the term "cash bonus", referring to an additional amount of money given as a reward or incentive beyond one's regular salary or compensation.
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