A year-end bonus (sometimes called a Christmas bonus) is a reward paid to an employee during the Holiday season. In many companies, it's tied to performance metrics, and the amount can vary depending on whether certain milestones are met. Year-end bonuses are usually made up of lump-sum payments used to acknowledge the individual for hard work and dedication. Compared to the recipient's salary, these monetary encouragements can be quite substantial. Or as we are about to learn, a real spit…
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