Annual bonuses often play a major role in executive compensation and are primarily designed to _____.

Name: Annual bonuses often play a major role in executive compensation and are primarily designed to _____.
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Question

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Annual bonuses are a form of short-term incentive designed to motivate better performance by offering a reward for achieving or exceeding specific targets. They are commonly used to drive short-term results and help align executives with organizational priorities.

Annual Bonuses Often Play a Major Role in Executive Compensation