A performance bonus is an additional financial reward given to an employee, which is typically over and above their regular salary or wage. This kind of bonus, included under the 'Benefits' category on the WomenTech Network job portal, is designed to incentivize and reward exceptional individual or team performance.
Companies might offer a performance bonus to employees who have gone above and beyond their job role, attained extraordinary sales figures, exceeded their performance goals, or contributed to the company's growth in an exceptional way. The bonus can be awarded in a variety of formats such as cash, shares, a holiday trip, and many more, based on the company's policy.
When offered as part of your overall compensation package, a performance bonus can serve as a significant motivator, foster a sense of appreciation and foster an environment of healthy competition. Keep an eye out for such bonuses when exploring company profiles on the WomenTech Network, as this perk is a clear sign of a company’s desire to reward and retain talent based on merit and performance.