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Bookmark or Share- Employee Retention Bonus: What Is It and How Does It Work?An employee retention bonus is a financial incentive used to retain talent. These bonuses are aimed at keeping employees (particularly executives or those in high-demand roles) from voluntarily leaving an organization.
- What Is a Retention Bonus? (Plus How they Work and Benefits)A retention bonus, also called retention pay or a retention package, is a lump sum of money a company pays to an employee to stay with the company for a specific amount of time. Usually, retention bonuses are sizable amounts of money, ranging from 10% to 25% of an employee's base pay.
- A Clear Guide to Employee Retention Bonuses | QualtricsEmployee retention bonuses (ERBs), also known as retention pay, retention package, or a stay bonus, is a tool used by employers to help attract or keep key employees with the company.
- Know What a Retention Bonus Is to Expertly NegotiateA retention bonus, also known as a retention package, retention pay, or stay bonus, is a one-time lump sum a company or organization pays an employee as an incentive to remain with the company for a specified amount of time.
- What Is A 'Stay Bonus,' And How Can I Get One? - ForbesWhen you get an offer for a stay bonus, negotiate it! Sometimes you'll get a stay bonus offer that doesn't include termination from the company at the end of the bonus period.
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