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An annual bonus is usually based on overall company performance. This means you may get a large or small bonus (or no bonus at all) depending on how successful your organization or specific department was that year, as well as how big a part of that success you were. This can also be considered profit sharing. 

What Are Typical Bonuses, and How Do They Work? - The Muse

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Here are nine ways to use a bonus to extend its benefits into the new year and beyond.

1

Pay off debt. ...

2

Max out your retirement accounts. ...

3

Invest in an index fund. ...

4

Check in on your emergency fund. ...

5

Contribute to a 529 plan. ...

6

Invest in yourself. ...

7

Move that bonus into a high-yield account quickly. ...

8

Save for your next vacation.

The 9 Smartest Things To Do With Your Annual Bonus | Bankrate\nbankrate : banking : what-to-do-with-annual-bonus

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