bonus plan

An established plan, followed by a corporation, for the remuneration of officers and employees, in addition to regular salaries or wages, as an incentive to additional effort and use of skill on behalf of the company. See 19 Am J2d Corp § 1413.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • bonus plan — HR a form of incentive program under which a bonus is paid to employees in accordance with rules concerning eligibility, performance targets, time period, and size and form of payments. A bonus plan may apply to some or all employees and may be… …   The ultimate business dictionary

  • bonus plan — noun see bonus system …   Useful english dictionary

  • deferred annual bonus plan — Variable incentive plan with performance/restrictions measured over a period of one year or less and where part or all of the payment of the bonus earned is deferred for a further period of time. The deferred element (for example, deferred… …   Law dictionary

  • deferred share bonus plan — Where all or part of the employee s bonus is not delivered in cash but in shares and receipt is deferred and made contingent on the recipient remaining in employment until the end of the deferral period. Practical Law Dictionary. Glossary of UK,… …   Law dictionary

  • annual bonus plan — A variable annual incentive plan where the amount earned depends on performance measured over one year or less. Practical Law Dictionary. Glossary of UK, US and international legal terms. 2010 …   Law dictionary

  • stock bonus plan — stock bo·nus plan n: a form of deferred compensation that is funded by employer contributions of corporate securities with dividends usu. reinvested Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • stock bonus plan — A plan used as an incentive that rewards employee performance with stock in the company. Bloomberg Financial Dictionary …   Financial and business terms

  • bonus — HR a financial incentive given to employees in addition to their base pay in the form of a one time payment or as part of a bonus plan …   The ultimate business dictionary

  • bonus system — noun also bonus plan : wage payment whereby a worker is paid an additional amount for accomplishing more than a specified measure of work …   Useful english dictionary

  • Plan de guerre américain — Plan de guerre des États Unis Les plans de guerre développés par les États Unis sous le nom de plans de guerre code couleur (en anglais Color coded War Plans) correspondent à une planification stratégique du Département de la Guerre des États… …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.