A type of direct remuneration for achieving certain goals or meeting a deadline. Commonly found in the professional or licensed based operations, bonuses are paid out to management and higher ranking staff.
There are four different types of direct compensation for employees. These include: 1) Hourly Compensation, 2) Salaries, 3) Commissions and 4) Bonuses. There is some misinformation related to direct compensation as this subject relates to […]