In the life of a ministry, staff members often go above and beyond to serve faithfully. While most are driven by calling and mission rather than financial reward, ministries sometimes choose to offer bonuses as a way to express gratitude and encouragement. Done well,...
Many employers typically pay year-end bonuses in the first quarter of the year. If you received a bonus for the first time this year, you may be surprised at the net amount of your "windfall." WHY THE SURPRISE? Work bonuses are classified as supplemental wages, which...
If you get pleasure from rewarding your team's performance with bonuses, you are not alone. But it's important to consider how those bonuses are given, along with the tax implications for both you and the employee. One-time bonuses are generally calculated by...