retention bonus Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "retention bonus" - Business English Dictionary

retention bonus

noun [C]
 
 
HR, MANAGEMENT
an extra payment that is given to an employee as a way of persuading them not to leave the company, especially at a time when the company is experiencing big changes: McCormick is set to get a $500,000 retention bonus at the end of his five-year contract. They probably offered retention bonuses - both money and new stock - to keep executives through the reorganization.
(Definition of retention bonus from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of retention bonus?
Add Cambridge dictionaries to your browser to your website
Word of the Day
straight

the straight part of a racetrack (= the track on which competitors race)

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More