# What is a Spot Bonus?

A spot bonus is an unplanned reward for good work. SMEs use it to motivate and recognise quickly.

Source: https://faqtic.co/glossary/spot-bonus

## Why it Matters for SMEs

- Boosts morale
- Encourages performance
- Improves retention

## Example in Practice

Spot bonuses logged in Factorial payroll.

## Frequently Asked Questions

### Why use spot bonuses?

To recognise timely contributions.

### Common amount?

Varies, often modest.

### Tools track?

Yes, in payroll systems.

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