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Update compensation.md #4470
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Bonus Processing
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| Managers are responsible for ensuring bonus triggers and MBOs are updated, clear, measurable, and time-bound. | ||
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| ## Quarterly & Period-Based Bonuses (MBOs) |
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What does the abbreviation mean, MBO?
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Management by Objectives (specific, measurable goals an employee agrees on with their manager at the start of a period)
Co-authored-by: Zeger-Jan van de Weg <ZJvandeWeg@users.noreply.github.com>
Co-authored-by: Zeger-Jan van de Weg <ZJvandeWeg@users.noreply.github.com>

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