What is the performance bonus?

Performance pay is generally determined according to the performance appraisal results of the core functions of the post, and is generally determined by multiplying the performance pay base by the coefficient set by the performance appraisal. The special contribution of bonus to employees and the overall cooperation effect. It is based on the completion of the overall business objectives of enterprises, departments or projects (generally based on profit objectives) to determine the total bonus base, and then divided according to the departmental contribution rate and individual contribution rate. Bonuses are drawn in proportion to the overall operating performance.