Bonus

An employee bonus is a financial reward given to employees in addition to their regular salary or wages. It is typically used to recognize and reward performance, loyalty, or company success. Bonuses can be performance-based, profit-sharing, signing bonuses, holiday bonuses, or retention bonuses, depending on the company's policies and objectives.

Is bonus a part of your salary?

Yes, bonus is usually included as part of the CTC (Cost to Company).

CTC represents the total amount a company spends on an employee, including:

• Basic salary
• Allowances
• Bonuses (performance or annual)
• Benefits like PF, gratuity, insurance, etc.

However, whether the bonus is guaranteed or performance-based can vary by company and is often specified separately in the offer letter.

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https://docs.google.com/document/d/1gugNK8fOo-42kfpj5mTHnYqSu_wtRljTmZGRP09N5Co/

https://docs.google.com/document/d/10Oy0AxiTPqDUaXsY-WHDrm0GAdMX90SCJunTKy65R6Q/