What is ‘Year-End Bonus’
A reward paid to an employee at the end of the year. Many year-end bonuses are tied to performance metrics and the amount can vary depending whether certain milestones are met. Year-end bonuses are usually made up of lump-sum payments used to reward the individual for hard work and dedication.
Explaining ‘Year-End Bonus’
On Wall Street, it is common to see top executives and employees of financial firms receive large bonuses at the end of the year. Bonuses fluctuate depending on the economy and the year’s performance, but in most years the amount is substantial.
Further Reading
- A tale of two tigers: Employee financial participation in Korea and Taiwan – www.tandfonline.com [PDF]
- The influence of year-end bonuses on colorectal cancer screening – papers.ssrn.com [PDF]
- Year-end tax planning of top management: Evidence from high-frequency payroll data – www.aeaweb.org [PDF]
- Bankers and their bonuses – academic.oup.com [PDF]
- The framing of financial windfalls and implications for public policy – www.sciencedirect.com [PDF]
- The economic implications of corporate financial reporting – www.sciencedirect.com [PDF]
- Informing and improving retirement saving performance using behavioral economics theory-driven user interfaces – dl.acm.org [PDF]
- The choice of performance measures in annual bonus contracts – www.jstor.org [PDF]
- Ascertaining the effects of employee bonus plans – www.tandfonline.com [PDF]
