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Performance bonus
PERFORMANCE BONUS

Definition: (informal) An extra amount of money that is added to a regular payment, especially to somebody's wages, as a reward for how well the job was done.
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* All three elements should be in.


1. Purposeful and necessary.
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BUT, HOW MUCH ?


Quote: "Good performance if not noticed, will go away. Poor performance, if not noticed, is there to stay". - Anonymous.
Below the Line
1. Legal or duly authorized.

2. 'Award' is based on a real or an actual improvement in a company's or an organization's fortunes - not by an established norm or tied to particular offices, posts or positions. In other words, financial records of the organization are transparent, etc. not doctored.
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AND HOW OFTEN ?


a. Reasonable, not excessive.

b. For a period, season or time, not 'lifelong'.

c. Not transferable.

d. Not upwardly reviewable before it is paid.

e. Paid and/or received timely.

f.

g.

h.

i.
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ANYWAY, THANK YOU.

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