I came across a term called 'guaranteed bonus' and I'm not quite sure what it means. Could someone please explain to me what a guaranteed bonus is and how it works?
6
answers
SsamziegangSerenade
Sat Dec 14 2024
It offers a level of certainty and predictability that is not always present in other types of bonuses.
Riccardo
Sat Dec 14 2024
This bonus is not contingent upon the performance of the company or the individual receiving it.
Bianca
Sat Dec 14 2024
Instead, it is a fixed amount that is paid out regardless of external factors.
KimchiQueenCharmingKiss
Sat Dec 14 2024
A guaranteed bonus is a form of financial incentive that is explicitly promised in a contract.
Lorenzo
Sat Dec 14 2024
The term 'golden handshake' is often used interchangeably with a guaranteed bonus.