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comment on difference between a discretionary bonus and a nondiscretionary bonus?
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Answer Posted / Kuldeep Krishna
A discretionary bonus is awarded at the employer's sole discretion, based on factors like performance or business results. It is not promised and can vary from employee to employee or year to year. In contrast, a nondiscretionary bonus, also known as a contractual bonus, is guaranteed by a written agreement and is paid regardless of individual performance or company results.
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