HR Glossary

What is Bonus?

A lump-sum payment given to employees beyond their base salary, typically tied to individual performance, company results, or specific occasions like holidays and milestones.

Why it matters in hiring

Bonus comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with B

• Betriebliche Altersvorsorge - Company Pension (Germany)
• Blended Learning
• Blind Recruitment
• Bogus Self-Employment
• Boolean Search
• Boomerang Employee
• Buddy System
• Burnout

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.