An employer awarding an employee's exceptional performance with a small,one-time bonus shortly after the noteworthy actions is a:
A) lump-sum bonus.
B) spot bonus.
C) surprise bonus.
D) competency-based bonus.

Question

Quizplus · Accepted Answer

A spot bonus is typically awarded to an employee for exceptional performance at the time of the notable accomplishment. It is a one-time, small bonus given as an immediate recognition of the employee's efforts. A lump-sum bonus is a larger amount of money given to an employee all at once, usually at the end of the year or at the completion of a project. A surprise bonus is unexpected, and a competency-based bonus is given for achieving specific goals or demonstrating certain skills or competencies.

An Employer Awarding an Employee's Exceptional Performance with a Small,one-Time