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What is the difference between a bonus and a bonus plus, and how do they impact overall compensation packages?
Updated: 3/15/2025
A bonus is a one-time payment given to an employee as a reward for good performance or meeting certain goals. A bonus plus, on the other hand, is a bonus that is accompanied by additional benefits or perks, such as extra vacation days or stock options. Both bonuses and bonus plus can impact overall compensation packages by increasing the total amount of money and benefits that an employee receives, which can help attract and retain top talent.
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