Definition of «retention bonus»

A retention bonus is a sum of money or incentive given to an employee as a reward for staying with a company for a certain period of time. It is an extra compensation meant to encourage employees to remain loyal to the company and discourage them from seeking employment elsewhere.

Sentences with «retention bonus»

I usually think about this 2 - 3 months before the card is due for renewal for credit cards that there is a decent chance of a good retention bonus for. (travelsort.com)
If you can get retention bonuses on par with the annual fee, keep them. (milenomics.com)
Other than those scenarios we'd recommend trying to get a good retention bonus to waive or cover the annual fee, along with some bonus miles or points as well. (travelsort.com)
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Definition of «retention bonus»

Sentences with «retention bonus»

See also