Why are annual bonuses paid out months after the year they are for? For example, I’ve worked at multiple companies and you get a bonus for 2022 paid out in March or April. Why do companies do this? Is it to motivate people to stay longer at a company? Like, well it’s April and I got my bonus. Might as well stay till next April since I’ve already worked 1/4 of the year. Don’t want to lose my bonus.
Why are annual bonuses paid out months after the year they are for?
For example, I’ve worked at multiple companies and you get a bonus for 2022 paid out in March or April.
Why do companies do this? Is it to motivate people to stay longer at a company? Like, well it’s April and I got my bonus. Might as well stay till next April since I’ve already worked 1/4 of the year. Don’t want to lose my bonus.