A bonus is a supplemental amount paid over and above what is normally due to an employee. There are a variety of ways companies determine the amount of a bonus. When it comes to completing payroll, ...

Learn how to accurately calculate bonus pay and taxes to ensure you comply with tax regulations and provide accurate compensation to employees. Bonuses can be an excellent tool to incentivize and ...

Performance-based bonuses are incentive systems for a company's employees that tie personal and teamwork efforts to financial rewards for the individual employee and team. Individual bonuses are used ...

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts.

When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...