Traditional Culture Encyclopedia - Traditional virtues - What are the company's year-end awards? The company belongs to the manufacturing industry.
What are the company's year-end awards? The company belongs to the manufacturing industry.
The year-end bonus refers to the uncapped reward given to employees by enterprises at the end of each year, which is an affirmation of the work performance in the past year.
The amount and form of the year-end bonus are generally adjusted by the enterprise according to the situation. A good year-end bonus method should have a good assessment index, assessment method, distribution rules and other corresponding systems, which can effectively motivate employees and increase enterprise cohesion.
According to the provisions of the Labor Law, the total wages refer to the total labor remuneration paid directly by each unit to its employees within a certain period of time, which consists of hourly wages, piece-rate wages, allowances and subsidies, overtime wages, wages paid under special circumstances and other parts.
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