Asked by Jennifer Guillen on Jul 29, 2024
Verified
Retention bonuses are one-time incentives paid to top managers, engineers, top-performing salespeople, and information technology specialists in exchange for remaining with the company.
Retention Bonuses
Financial incentives offered to employees to encourage them to stay with the company for a specific period.
One-Time Incentives
Financial or other rewards given on a single occasion to motivate or reward certain behavior, often used in a business context.
- Apprehend the consequences and positions that stock options and retention bonuses occupy in the compensation of employees.
Verified Answer
NB
Navjot BhattiAug 01, 2024
Final Answer :
True
Explanation :
Retention bonuses are one-time incentives paid to employees as an incentive to stay with the company. They are often given to top managers, engineers, top-performing salespeople, and information technology specialists.
Learning Objectives
- Apprehend the consequences and positions that stock options and retention bonuses occupy in the compensation of employees.
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