Retention bonus
Term · Economic statistics · MLC-T-ECS-001690
Payment given by an employer to a current employee to retain that individual within the organization.
Note: "A retention bonus is normally a one-time payment that is offered as an incentive to keep a key employee on the job during a particularly crucial event, such as a merger or an acquisition, or during a crucial production period."
| Identifier | MLC-T-ECS-001690 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001690",
"term": "Retention bonus",
"field": "Economic statistics",
"definition": "Payment given by an employer to a current employee to retain that individual within the organization.\n\nNote: \"A retention bonus is normally a one-time payment that is offered as an incentive to keep a key employee on the job during a particularly crucial event, such as a merger or an acquisition, or during a crucial production period.\"",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/retention-bonus/"
}
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