Accountancy, asked by Sparklezgirl9117, 9 months ago

What are the reason why the bonus paid in cash and must not show on salary advice

Answers

Answered by prabhataswale0504200
0

Answer:

Bonus pay is compensation that is over and above the amount of pay specified as a base salary or hourly rate of pay. The base amount of compensation is specified in the employee offer letter, in the employee personnel file, or a contract. In some positions such as working for the government, the bonus pay opportunities may be spelled out by a union contract.

Employers have the opportunity to distribute bonus pay randomly as the company can afford to pay employees a contract can specify a bonus or the amount of the bonus pay.

Companies pay bonuses to employees to thank and congratulate them on meeting and achieving specific goals, meeting these goals resulted in positive happenings for the organization, its employees, and its customers.

Explanation:

MARK ME BRAINLIESTS

Similar questions