Glossary

Bonus

A bonus is an additional payment, usually linked to a defined event or target, on top of regular remuneration.

Definition

A bonus is an additional payment, usually linked to a defined event or target, on top of regular remuneration.

Whether a bonus is owed depends on the precise clause. It should identify the triggering event, calculation, due date and evidence required. The contract checklist helps record unresolved points before signing.

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