The main goal of an employee bonus is to distribute organisational profits among employees. What Is An Employee Bonus?Ī bonus is an additional compensation that employers pay to employees to reward their loyalty and commitment to the company. In this article, we discuss what a bonus is, understand how to calculate it and explore the common types of bonuses that employers offer.

Understanding how to calculate a bonus can help employees understand their earnings and salary components in a better manner. Calculation rules for employee bonuses vary based on various factors. The Swiss government says it doesn’t plan to block bonus payments from last year that have been granted but are set to be immediately paid because it doesn’t want to penalize Credit Suisse employees “who did not cause the crisis.”īut authorities in the capital, Bern, said they will prohibit payouts of “deferred” bonuses - even though they have already been granted - with an exception for bonuses that “are already in the process of being paid out.Employee bonuses help increase the morale and overall performance of employees in an organisation. Late last week and into the weekend, authorities in Switzerland, backed by the central bank and financial regulators, scrambled to cobble together a $3.25 billion sale of Credit Suisse to UBS.Īn outflow of deposits and years of trouble raised fears that it could fail and trigger an international financial crisis after the collapse of two U.S. The Swiss Department of Finance says federal law allows the government to set “remuneration-related measures” in cases involving Switzerland’s biggest banks. 2 Swiss bank to be taken over by rival UBS. GENEVA (AP) - Switzerland’s government said Tuesday that it’s ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No.

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