Bonus

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.

Direct Form of Compensation – Four Different Types

Direct Forms of Compensation

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 owners of a small business.

This content is for Bronze, Silver, One-Time and Contractor's Diagnostic members only.
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The Different Forms of Compensation

The Different Forms of Compensation

There are two forms of compensation provided to employees; direct and indirect.  Direct forms of compensation have a multitude of types or methods, from salaries to bonuses.  Indirect compensation is primarily the various types of benefits and long term incentives.

This content is for Bronze, Silver, One-Time and Contractor's Diagnostic members only.
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