Nepal is a land of diversity, not just in terms of culture and landscape, but also when it comes to employment opportunities. In this country, it is common for employers to offer various bonuses to their employees, in addition to their regular salary. These bonuses serve as a token of appreciation for their hard work and dedication, and can also act as a motivating factor for employees to perform better. In this article, we will take a closer look at the different types of bonuses available in Nepal.
One of the most common types of bonuses in Nepal is the performance-based bonus. This is usually given to employees who have exceeded their set targets or have delivered exceptional results. The amount of this bonus can vary, depending on the company’s policies and the individual’s performance. Another popular type is the festival bonus, which is given during major festivals in Nepal, such as Dashain and Tihar. This bonus is a way for employers to share the joy of the festive season with their employees. In addition to these, there are also bonuses for overtime work, loyalty bonuses for long-serving employees, and annual bonuses based on the company’s profits. With such a diverse range of bonuses, it is no surprise that Nepal is known to be a generous country when it comes to employee rewards.
While bonuses are a great way to acknowledge and reward employees, it is important for