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bonus
bonus extra amount in money, bonds, or goods over what is normally due. The term is applied especially to payments to employees either for production in excess of the normal (wage incentive) or as a share of surplus profits. The wage incentive was designed during the late 19th cent. not only to increase production but to reward the more skillful and more energetic workers. The hourly or weekly wage was to be figured as payment for a standard rate of work, and the workers who exceeded that standard were to receive a bonus. However, the system fell into disfavor with labor unions because rate cutting was often resorted to when bonuses became too high. Industrial engineers of the 1930s realized that definite standards of accomplishment and quality must be set to make wage incentives workable. Many firms have used an annual bonus plan for distributing abnormal profits to employees. The term is also applied to payments to former servicemen in addition to regular pensions and insurance. Veterans of World War I lobbied to obtain a bonus for their military service. In 1924 each veteran received an adjusted compensation certificate entitling him to a payment averaging $1,000 to be made in 1945. In 1932 about 15,000 unemployed veterans formed the "Bonus Expeditionary Force," or Bonus Marchers , and marched to Washington to demand immediate payment of the certificates. President Hoover ordered troops to oust them from federal property. In 1936 Congress passed a law permitting the veterans to exchange their certificates for cashable bonds. A number of states voted veterans' bonuses after World War II and the Korean War.
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Cite this article
"bonus." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 26 May. 2012 <http://www.encyclopedia.com>. "bonus." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. (May 26, 2012). http://www.encyclopedia.com/doc/1E1-bonus.html "bonus." The Columbia Encyclopedia, 6th ed.. 2011. Retrieved May 26, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-bonus.html |
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bonus
bonus addition to normal pay. XVIII. prob. joc. or ignorant application of L. bonus m. for bonum n. good thing.
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T. F. HOAD. "bonus." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 26 May. 2012 <http://www.encyclopedia.com>. T. F. HOAD. "bonus." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (May 26, 2012). http://www.encyclopedia.com/doc/1O27-bonus.html T. F. HOAD. "bonus." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved May 26, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-bonus.html |
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bonus
bonus
•pandanus
•badness, madness, sadness
•Magnus • aptness
•fatness, patness
•redness • wetness
•anus, Coriolanus, heinous, Janus, Punta Arenas, Silvanus
•genus, intravenous, Maecenas, Malvinas, Salinas, venous, Venus
•Cygnus • proteinous • ruinous
•libidinous
•multitudinous, platitudinous, pulchritudinous, vicissitudinous
•cartilaginous, farraginous, oleaginous
•fuliginous, indigenous, oxygenous, polygynous, rubiginous, vertiginous
•androgynous, autogenous, endogenous, erogenous, exogenous, homogenous, hydrogenous, misogynous
•ferruginous • ominous
•bituminous, leguminous, luminous, numinous, voluminous
•conterminous, coterminous, terminus, verminous
•larcenous • gelatinous • cretinous
•mountainous
•glutinous, mutinous
•resinous
•Aquinas, Delphinus, echinus, Linus, Longinus, minus, Plotinus, sinus, vinous
•oddness • wanness • hotness
•Faunus, rawness
•Kaunas
•bonus, Cronus, Jonas, lowness, onus, Tithonus
•oldness
•newness, twoness
•fulness
•alumnus, rumness
•oneness • Oceanus • Eridanus
•diaphanous • polyphonous
•cacophonous, homophonous
•porcellanous • villainous
•membranous • tyrannous
•synchronous • Uranus • tetanus
•monotonous • gluttonous
•cavernous, ravenous
•treasonous • poisonous • Avernus
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Cite this article
"bonus." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. 26 May. 2012 <http://www.encyclopedia.com>. "bonus." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. (May 26, 2012). http://www.encyclopedia.com/doc/1O233-bonus.html "bonus." Oxford Dictionary of Rhymes. 2007. Retrieved May 26, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O233-bonus.html |
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BONUS
BONUS (ˈbəʊnəs) Finance Borrower's Option for Notes and Underwritten Standby
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Cite this article
FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "BONUS." The Oxford Dictionary of Abbreviations. 1998. Encyclopedia.com. 26 May. 2012 <http://www.encyclopedia.com>. FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "BONUS." The Oxford Dictionary of Abbreviations. 1998. Encyclopedia.com. (May 26, 2012). http://www.encyclopedia.com/doc/1O25-BONUS.html FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "BONUS." The Oxford Dictionary of Abbreviations. 1998. Retrieved May 26, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O25-BONUS.html |
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