SALANG NOKRI CAMP AAYOJAN MAHESANA JILLO GR
This article is about bonus
A bonus payment is usually made to employees in addition to their base salary as part of their wages or salary. While the base salary usually is a fixed amount per month, bonus payments more often than not vary depending on known criteria, such as the annual turnover, or the net number of additional customers acquired, or the current value of the stock of a public company.
Thus bonus payments can act as incentives for managers attracting their attention and their personal interest towards what is seen as gainful for their companies' economic success.
There are widely‐used elements of pay for performance and working well in many instances, including when a fair share of an employees participation in the success of a company is desired. There are, however, problematic instances, most notably when bonus payments are high.
When they are tied to possibly short-lived figures such as an increase in monthly turnover, or cash flow generated from an isolated marketing action, such figures often do not reflect a solid reliable win for a company, and they certainly do not reflect a manager's lasting efforts to the company's best.
Australian retail entrepreneur Gerry Harvey, while supporting bonuses for long term company performance has said
that too many bonuses are focused on the short term. "[To say] 'just because you had a good year this year I'll give you a $5 million, $10 million bonus', I think that's stupid,"
A holiday is a day set aside by custom or by law on which normal activities, especially business or work including school, are suspended or reduced. Generally, holidays are intended to allow individuals to celebrate or commemorate an event or tradition of cultural or religious significance. Holidays may be designated by governments, religious institutions, or other groups or organizations.
The degree to which normal activities are reduced by a holiday may depend on local laws, customs, the type of job held or personal choices.
The concept of holidays often originated in connection with religious observances. The intention of a holiday was typically to allow individuals to tend to religious duties associated with important dates on the calendar. In most modern societies, however, holidays serve as much of a recreational function as any other weekend days or activities.
In many societies there are important distinctions between holidays designated by governments and holidays designated by religious institutions. For example, in many predominantly Christian nations, government-designed holidays may center on Christian holidays, though non-Christians may instead observe religious holidays associated with their faith. In some cases, a holiday may only be nominally observed. For example, many Jews in the Americas and Europe treat the relatively minor Jewish holiday of Hanukkah as a "working holiday", changing very little of their daily routines for this day.
SALANG NOKRI CAMP AAYOJAN MAHESANA JILLO GR Click here