![]() ![]() Attract top talent: Companies may offer signing bonuses to top-talent candidates as an incentive to accept a job offer, especially if they are being aggressively pursued by rival firms.Retain key employees: Companies may offer retention bonuses to key employees to encourage them to stay with the company, especially during times of economic uncertainty or organizational change.Show appreciation/Boost morale: Bonuses can be given as a way for companies to show appreciation to their employees and boost morale.Reward good performance: Bonuses can be given to recognize and reward employees for exceptional performance or for meeting certain performance targets. ![]() Encourage certain behavior: Bonuses can be used as an incentive to encourage employees to perform at their best or to achieve certain goals.Companies give bonuses to employees for a variety of reasons, such as to: ![]()
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