5 Things To Know About Year-End Bonuses

If your business has had a good year, decide how to share your good fortune with your staff. Year-end bonuses are a common way to do this.

When you give bonuses, it’s important to be fair. You want bonuses to promote continued company loyalty and motivate employees for outstanding future performance. You also need to adhere to tax rules on how to treat bonuses. Here are five practical points (including tax matters) to keep in mind.

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