What is a retention bonus, Managerial Economics

A Retention bonus is an incentive paid to a key employee to retain them by a critical business cycle. This could be a transitional period (like mergers and acquisitions) to ensure productivity or to meet a significant milestone. It has proven to be a very excellent tool in persuading employees to stay..

 

Posted Date: 4/1/2013 5:46:40 AM | Location : United States







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