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.
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.