It’s “13th Cheque” Time Again: Must You Pay Annual Bonuses?

KVV Inc Attorneys

Published on: 04/03/2025

November brings bonus dreams, but reality can bite. While law doesn't mandate bonuses, contracts, policies, and consistent past payments create legal obligations. Employers should review contracts, plan finances, and communicate bonus prospects early. Employees shouldn't count on bonuses until confirmed and be aware of potential tax implications. Open communication prevents disappointment and costly disputes.