Retention Bonus

Retention Bonus
A payment or reward outside of an employee's regular salary that is offered as an incentive to keep a key employee on the job during a particularly crucial business cycle, like a merger or acquisition, or during a crucial production period. In recent years, retention bonuses have become increasingly popular as corporate poaching has increased.

With the corporate landscape changing almost daily and a liquid labor market allowing workers to move from job to job more easily, retention bonuses have provided a great way for companies to keep valuable employees. Many believe that such methods add value to the business as well, as they reflect well on company's management and promote loyalty on both sides.


Investment dictionary. . 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • retention bonus — UK US noun [C] HR, MANAGEMENT ► an extra payment that is given to an employee as a way of persuading them not to leave the company, especially at a time when the company is experiencing big changes: » McCormick is set to get a $500,000 retention… …   Financial and business terms

  • bonus — bo‧nus [ˈbəʊnəs ǁ ˈboʊ ] noun [countable] 1. HUMAN RESOURCES an extra amount of money added to an employee s wages, usually as a reward for doing difficult or good work: • The bonus is discretionary but linked to performance. • The car company is …   Financial and business terms

  • bonus — noun 1 money added to salary, etc. ADJECTIVE ▪ big, huge, large ▪ extra, special ▪ cash ▪ annual …   Collocations dictionary

  • retention — noun Retention is used before these nouns: ↑bonus, ↑pond Retention is used after these nouns: ↑employee, ↑staff, ↑urine …   Collocations dictionary

  • Say on pay — is a slogan for laws that give shareholders of corporations a vote on how much the boards of directors will be remunerated. In the field of corporate governance, this issue has become increasingly political due to the incessant upward trend of… …   Wikipedia

  • Donald J. Carty — Donald J. Carty, OC (born 1946) is a Canadian/American businessman who serves as chairman of Virgin America and Porter Airlines. In addition to these chairmanships, Mr. Carty is also a director of Dell, Hawaiian Airlines, Sears, CHC Helicopter… …   Wikipedia

  • Compensation and benefits — (abbreviated “C B”) is a sub discipline of human resources, focused on employee compensation and benefits policy making. It is also known in the UK as “total reward” and as “remuneration” in Australia and New Zealand. Contents 1 The basic… …   Wikipedia

  • Eventing — The cross country phase Eventing (also known as horse trials) is an equestrian event comprising dressage, cross country, and show jumping. This event has its roots in a comprehensive cavalry test requiring mastery of several types of riding. The… …   Wikipedia

  • Employee referral — is an internal recruitment method employed by organisations to identify potential candidates from their existing employees social networks. An employee referral scheme encourages a company s existing employees to select and recruit the suitable… …   Wikipedia

  • AOL — For other uses, see AOL (disambiguation). AOL Inc. Type Public company Traded as NYSE: AOL …   Wikipedia

Share the article and excerpts

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