Question

Why do you think business provide bonus to its employees?​

Answer 1

Answer: See explanation

Explanation:

Bonus is sum of money that is added to the wage or salary of an employee. The role of bonus to employees is vital. Firstly, bonus is given to the employees to improve their morale.

Secondly, bonus motivates employees. When, employees are given bonus, it tends to motivate and they tend to work harder.

Thirdly, bonus tends to build team collaboration. Lastly, bonus boosts productivity. As the employees are motivated, they work harder and this can help them reach their goals and boost their productivity and bring about growth of the organization.

Builds Team Collaboration. ...

Creates Friendly Competition Among Staff