Bonus/ˈbəʊnəs/ Definition 1 of 4Pro Tip 1/3Workplace Reward Used in professional settings to describe a monetary reward for good performance. After the successful project, each team member got a bonus. Pro Tip 2/3Beyond Salary A bonus is separate from your regular pay and not considered part of your salary. Her salary was modest, but the annual bonus made the job worthwhile. Pro Tip 3/3Performance-based It's often tied to meeting certain performance milestones or achieving goals. His exceptional sales record earned him a significant bonus.