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Volume 6, Issue 2, February 2021International Journal of Innovative Science and Research Technology ISSN No:24562165Performance Based Bonus its Impact to the Level of Productivity of Teaching and
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How to fill out performance based bonus its

01
Determine the criteria for earning the performance based bonus.
02
Communicate the criteria clearly to employees.
03
Document and track employee performance throughout the bonus period.
04
Calculate the bonus amount based on individual performance.
05
Communicate the bonus amount and payout schedule to employees.
06
Distribute the bonuses to eligible employees.

Who needs performance based bonus its?

01
Employees who want to be rewarded for their performance and contributions.
02
Employers who want to incentivize and motivate their employees to perform at a high level.
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Performance based bonus is a monetary reward given to employees based on their performance or achievements.
Employers are required to file performance based bonus forms for eligible employees.
Performance based bonus forms are typically filled out by employers and may require information such as employee name, performance metrics, bonus amount, and other relevant details.
The purpose of performance based bonus is to incentivize employees to excel in their roles and contribute positively to the company.
Information that must be reported on performance based bonus forms may include employee details, performance metrics, bonus amount, and any other relevant information.
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