The annual discretionary bonus amount earned for the most recent fiscal year.
Discretionary bonus. Incentive award without a formal, predetermined performance and reward schedule. This generally covers any form of discretionary bonus such as the annual discretionary bonus arrangements typical in the financial services sector, but also spot awards recognizing special achievement (e.g., recognition bonus, star award), project completion (e.g., drug launch bonus in the pharmaceutical industry) or paid for retention purposes (retention bonus).