How does a retention bonus work? Retention bonuses are not tied directly to work performance. Instead, they are an incentive to remain with the company. Generally, companies create a contract specifying how long the employee will remain with the company in exchange for the amount of the bonus. Is aRead More →

Retention bonuses are a waste of money and most likely do more harm than good. If an executive stays at an organization just for the retention bonus will they be truely motivated to do their best effort or know they are secure in their position. Should I accept retention offer?Read More →