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.

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  • 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

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