What's the difference between bonus and stipend?

Bonus


Definition:

  • (n.) A premium given for a loan, or for a charter or other privilege granted to a company; as the bank paid a bonus for its charter.
  • (n.) An extra dividend to the shareholders of a joint stock company, out of accumulated profits.
  • (n.) Money paid in addition to a stated compensation.

Example Sentences:

  • (1) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
  • (2) It takes more than a statistical read out and the return of big bank bonuses for a real recovery," he said.
  • (3) But it has already attracted attention for paying some deferred bonuses early in the US to avoid a hike in tax rates.
  • (4) And he failed to engage with these sensible proposals to limit bonuses to a maximum of a year's salary or double that if explicitly backed by shareholders - proposals which even his own MEPs have backed – until the very last minute.
  • (5) Lord Mandelson told bankers today that the one-off tax that will be imposed on their bonuses in today's pre-budget report was not designed to "teach them a lesson".
  • (6) If a bank does not meet the commitment, its chief executive and senior managers responsible for business lending will not receive the maximum pay and bonus as a result."
  • (7) The commission heard that the bonus culture had grown from the 1980s and that professionalism had been lost from the industry.
  • (8) An added bonus: With acceptance comes team building.
  • (9) It is the bonus culture – not high pay, recklessness or incompetence – that has polluted banking's public image.
  • (10) Excellent question -- is the absence of a bonus for M&S's 80,000+ staff a "failure of leadership"?
  • (11) In 2007, his £450,000 LTIP, combined with basic salary and bonus, left him £1.2m better off - and with nearly double the then salary of the BBC's director general, Mark Thompson.
  • (12) Until the October 2008 banking crisis there were no restrictions on the way bankers were paid, but rules were devised to try to link payouts to performance when it emerged that banks would still pay bonuses despite receiving taxpayer bailouts.
  • (13) The key point is that the G20 principles do not place any cap on the size of bonuses.
  • (14) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
  • (15) The staff bonus pool at J Sainsbury has fallen by a quarter, despite the supermarket chain posting higher sales and profits for the last financial year.
  • (16) The chief executive has already waived his bonus for 2012 following the furore surrounding the £1m he was to be handed for 2011 before the political outcry forced him to hand it back.
  • (17) Just a few days before its annual results, the bank is ready to tell staff how much they will be getting and outline new payments to top staff who will be affected by the EU's bonus cap.
  • (18) Griffith earned £1.05m, including a bonus of £548,500, worth 113% of his salary and just short of the 125% maximum.
  • (19) HSBC and Standard Chartered, two UK-based banks who often manage to avoid the bonus spotlight, will also feel the heat after paying out millions to US regulators for breaches of the rules.
  • (20) Yet bank bonuses soared in April as payments were delayed so the highest paid could benefit from this government's top rate tax cut.

Stipend


Definition:

  • (n.) Settled pay or compensation for services, whether paid daily, monthly, or annually.
  • (v. t.) To pay by settled wages.

Example Sentences:

  • (1) Rule-abiding parents can get a monthly stipend, extra pension benefits when they are older, preferential hospital treatment, first choice for government jobs, extra land allowances and, in some case, free homes and a tonne of free water a month.
  • (2) For now, temporary carers receive rice, secondhand clothes for the children, toiletries and a small stipend, while regular financial help from the government and Unicef is being considered.
  • (3) Litvinenko also received a regular stipend from the oligarch Boris Berezovsky , his friend and patron, who had arranged his escape from Russia in October 2000.
  • (4) We know they’ve cut stipends to foreign fighters and many foreign fighters are in arrears on pay.” Hammond also delivered his strongest critique yet of Russia’s air campaign in Syria , accusing Moscow of deliberately carrying out strikes on schools and hospitals.
  • (5) The purpose of this study was to examine trends in providing specific benefits, namely, stipend, housing, meals, and uniform laundry, to students in full-time clinical education at the University of Michigan from 1967 to 1977.
  • (6) Ecomic pressures may force the physician on an Australian stipend to consider working outside his fellowhip or residency.
  • (7) At the time it pointed out that the archbishop of Canterbury, Justin Welby, who has questioned Barclays executives appearing before the banking standards commission, receives only three-and-a-half times the average clergy stipend of £21,900.
  • (8) Some of these organizations provide a stipend for the relief worker.
  • (9) In addition, recognised refugees have only a matter of days to move out of reception centres once their applications are successful, at which time they stop receiving monthly stipends and risk becoming destitute.
  • (10) You might be able to share your access to an academic journal or pay a small stipend for someone’s internet hosting as a deposit for a future holiday.
  • (11) The material they publish was commissioned and funded not by them but by us, through government research grants and academic stipends.
  • (12) Fellowship stipend sources are much more diverse; federal training grants, professional fees, foundations, medical school funds, and research grants contribute significantly.
  • (13) While the Russian government has ordered deep cuts in its space and hi-tech programmes , Zimin’s Dynasty Foundation had just raised its annual budget to $8.6m to be allocated to research stipends, publishing, and outreach.
  • (14) Charlotte, standing calm and still in the middle of all the flap and pother – the Bennets should award her a special stipend just for advising Elizabeth not to be so bloody rude to Darcy every time she speaks to him (I paraphrase) – and gazing with a cool, appraising eye on her own and everyone else's best chance of the greatest happiness while everyone else's vision is either blinkered with pride, blurred by prejudice or occluded by simple stupidity (Lydia!
  • (15) This study demonstrates the significant benefits to both foster parents and the children in their care of providing enhanced services and stipends to foster parents.
  • (16) The judges said it was not merely an anomaly that Berlusconi was paying monthly stipends to witnesses testifying in a trial in which he was indirectly implicated.
  • (17) They have developed working business arrangements – the pirates pay a stipend to be left in peace.
  • (18) Coates joins 23 other MacArthur fellows who will receive a no-strings-attached stipend of $625,000, paid out over five years in quarterly installments.
  • (19) The original purpose of this survey was to obtain sufficient salary information on residency programs to assist us in evaluating our residents' annual stipend.
  • (20) Expect wheelchairs in Downing Street as the coalition does away with the long-established principle that people who have contributed their own national insurance in the past, and then become sick and disabled, should expect a modest stipend from the state in recognition of this.