ACCOUNTING AND BOOKKEEPING

We often hand out year-end bonus payments to our employees. This is to compensate for hard work and effort above and beyond the norm. To do this fairly and efficiently, you should take a little time to set up a system for deciding whom to compensate and for how much. That way you can make year-end bonus payments with ease and not turn the end of the year into a head-scratching puzzle. The key to doing this is to set up performance targets. | Small Business