---
title: Smarter Spot Bonuses with Keep Financial
description: Reward and retain your employees for their hard work with more valuable, retention-based spot bonuses from Keep Financial.
image: https://keepfinancial.com/hubfs/Keep-Financial-Spot-Bonuses-Showing-Appreciation-And-Driving-Retention.png
---
NEW!
[**Blog: How Do You Build An Employee Flywheel?**](https://keepfinancial.com/blog/the-employee-flywheel-how-to-build-business-momentum-by-hiring-and-retaining-the-right-talent)
- Why Keep?
Why Keep
- Employers
- [How it Works](https://keepfinancial.com/how-it-works)
- [Keep Benefits](https://keepfinancial.com/benefits)
- [Product Features](https://keepfinancial.com/features)
- Employees
- [Flexible Compensation](https://keepfinancial.com/employee)
- [Using a Keep Bonus](https://keepfinancial.com/blog/top-5-ways-to-leverage-your-keep-bonus)
- Solutions
[Solutions](https://keepfinancial.com/solutions)
- By Use Case
- [Signing Bonus](https://keepfinancial.com/signing-bonuses)
- [Poaching Defense](https://keepfinancial.com/employee-poaching)
- [Annual Bonus](https://keepfinancial.com/annual-bonus)
- [Equity Alternative](https://keepfinancial.com/beyond-equity)
- [Spot Bonus](https://keepfinancial.com/spot-bonuses)
- [M&A](https://keepfinancial.com/ma)
- [Performance Bonus](https://keepfinancial.com/performance-rewards)
- [Tuition Reimbursement](https://keepfinancial.com/tuition-reimbursement)
- [Smarter Severance](https://keepfinancial.com/smarter-severance-that-works)
- By Industry
- [Healthcare](https://keepfinancial.com/healthcare)
- [Construction](https://keepfinancial.com/construction)
- [Logistics + Transportation](https://keepfinancial.com/logistics-transportation)
- [Technology](https://keepfinancial.com/technology)
- [Retail](https://keepfinancial.com/retail)
- [Hospitality](https://keepfinancial.com/hospitality)
- [Manufacturing](https://keepfinancial.com/manufacturing)
- [Automotive](https://keepfinancial.com/auto)
- [Education](https://keepfinancial.com/education)
- [Senior Care](https://keepfinancial.com/senior-care-services)
- By Role
- [Compensation + Total Rewards](https://keepfinancial.com/compensation-total-rewards-solutions)
- [Human Resources](https://keepfinancial.com/human-resources-solutions)
- [Finance Leaders](https://keepfinancial.com/finance-leader-solutions)
- [Executive Leadership](https://keepfinancial.com/executive-leadership-compensation-solutions)
- [Legal Leaders](https://keepfinancial.com/legal-leader-solutions)
- Resources
[Resources](https://keepfinancial.com/resource-library)
- - [Blog](https://keepfinancial.com/blog)
- [Help Center](https://docs.keepfinancial.com/knowledge)
- [Partner Program](https://keepfinancial.com/referral-partner-program)
- [Resource Library](https://keepfinancial.com/resource-library)
- [Integrations](https://keepfinancial.com/integrations)
- Topics
- [Retention](https://keepfinancial.com/employee-retention-and-strategies)
- [Bonuses](https://keepfinancial.com/employee-bonus-structures)
- [Compensation](https://keepfinancial.com/employee-compensation)
- [Engagement](https://keepfinancial.com/employee-engagement)
- [Forgivable Loans](https://keepfinancial.com/smarter-employee-forgivable-loans)
- About Us
[About Us](https://keepfinancial.com/about-us)
- - [About Us](https://keepfinancial.com/about-us)
- [Founding Story](https://keepfinancial.com/our-founding-story)
- [Press Room](https://keepfinancial.com/press-room)
- [Press Kit](https://keepfinancial.com/press-room#press-kit)
[Demo](https://keepfinancial.com/request-a-demo)
[Sign Up / Log In](https://app.keepfinancial.com/sign-in)
- Why Keep?
Why Keep
- Employers
- [How it Works](https://keepfinancial.com/how-it-works)
- [Keep Benefits](https://keepfinancial.com/benefits)
- [Product Features](https://keepfinancial.com/features)
- Employees
- [Flexible Compensation](https://keepfinancial.com/employee)
- [Using a Keep Bonus](https://keepfinancial.com/blog/top-5-ways-to-leverage-your-keep-bonus)
- Solutions
[Solutions](https://keepfinancial.com/solutions)
- By Use Case
- [Signing Bonus](https://keepfinancial.com/signing-bonuses)
- [Poaching Defense](https://keepfinancial.com/employee-poaching)
- [Annual Bonus](https://keepfinancial.com/annual-bonus)
- [Equity Alternative](https://keepfinancial.com/beyond-equity)
- [Spot Bonus](https://keepfinancial.com/spot-bonuses)
- [M&A](https://keepfinancial.com/ma)
- [Performance Bonus](https://keepfinancial.com/performance-rewards)
- [Tuition Reimbursement](https://keepfinancial.com/tuition-reimbursement)
- [Smarter Severance](https://keepfinancial.com/smarter-severance-that-works)
- By Industry
- [Healthcare](https://keepfinancial.com/healthcare)
- [Construction](https://keepfinancial.com/construction)
- [Logistics + Transportation](https://keepfinancial.com/logistics-transportation)
- [Technology](https://keepfinancial.com/technology)
- [Retail](https://keepfinancial.com/retail)
- [Hospitality](https://keepfinancial.com/hospitality)
- [Manufacturing](https://keepfinancial.com/manufacturing)
- [Automotive](https://keepfinancial.com/auto)
- [Education](https://keepfinancial.com/education)
- [Senior Care](https://keepfinancial.com/senior-care-services)
- By Role
- [Compensation + Total Rewards](https://keepfinancial.com/compensation-total-rewards-solutions)
- [Human Resources](https://keepfinancial.com/human-resources-solutions)
- [Finance Leaders](https://keepfinancial.com/finance-leader-solutions)
- [Executive Leadership](https://keepfinancial.com/executive-leadership-compensation-solutions)
- [Legal Leaders](https://keepfinancial.com/legal-leader-solutions)
- Resources
[Resources](https://keepfinancial.com/resource-library)
- - [Blog](https://keepfinancial.com/blog)
- [Help Center](https://docs.keepfinancial.com/knowledge)
- [Partner Program](https://keepfinancial.com/referral-partner-program)
- [Resource Library](https://keepfinancial.com/resource-library)
- [Integrations](https://keepfinancial.com/integrations)
- Topics
- [Retention](https://keepfinancial.com/employee-retention-and-strategies)
- [Bonuses](https://keepfinancial.com/employee-bonus-structures)
- [Compensation](https://keepfinancial.com/employee-compensation)
- [Engagement](https://keepfinancial.com/employee-engagement)
- [Forgivable Loans](https://keepfinancial.com/smarter-employee-forgivable-loans)
- About Us
[About Us](https://keepfinancial.com/about-us)
- - [About Us](https://keepfinancial.com/about-us)
- [Founding Story](https://keepfinancial.com/our-founding-story)
- [Press Room](https://keepfinancial.com/press-room)
- [Press Kit](https://keepfinancial.com/press-room#press-kit)
[Demo](https://keepfinancial.com/request-a-demo)
[Sign Up / Log In](https://app.keepfinancial.com/sign-in)
#### Spot Bonus
# Deliver smarter, more valuable spot bonuses.
Spot bonuses can be a great way to target and easily reward employees for their hard work. By leveraging vesting bonuses, you can show your employees they are valued, while driving retention at each vesting milestone.
[Get Started](https://app.keepfinancial.com/sign-in)
[Request a Demo](https://keepfinancial.com/request-a-demo)
[Download Use Case](https://keepfinancial.com/hubfs/KeepFinancial_UseCase-SpotBonuses.pdf)
#### Showing Appreciation And Driving Retention
## Spot Bonuses
There are many ways – beyond a large annual bonus – to show appreciation for your key talent. Even a small bonus can be effective and have a longer-term return.
According to research done by PayScale in 2018, spot bonuses are the second most commonly used form of variable pay, tied with employee referral bonuses, after annual individual bonuses.
There’s scientific proof that small, frequent bonuses can make employees feel more satisfied: In a 2001 study, neuroscientists discovered that the anticipation of monetary rewards generates a significant amount of activation in the nucleus accumbens, which is part of the “reward circuitry” of the brain. In the same study, participants self-reported that they felt happier at the prospect of monetary gain.
#### The challenge
## Traditional Spot Bonus Limitations
#### Transactional
Considered a bargaining chip, traditional signing bonuses don’t support future employee retention, morale, or engagement.
#### Collections
Some states require these to be labeled ‘cash advance’ to ensure future clawback.
#### Legal
Some states require these to be labeled ‘cash advance’ to ensure future clawback.
#### Vesting cash bonuses
## Hiring, Retention, and Performance Solution.
Keep delivers the ability to instantly craft a vesting bonus that meets an employee’s needs while delivering the additional benefits of tenure, emotional attachment, and trackable ROI. What if you could be strategic about your hiring and retention compensation program? What if you had a tool that would allow you to easily create and deploy vesting bonuses to your top candidates? Well now you do.
Keep’s platform will enable you to attract top talent, close new hires, and retain them longer.
##### Keep Platform Benefits
Turn-key Onboarding
Turn-key onboarding that allows HR teams to instantly leverage the platform with no dependence on IT integrations.
Bonus Management Dashboard
Bonus dashboard for HR teams to have an integrated view of their bonus portfolio with notifications and updates (for both employers and employees) about key milestones for bonuses.
Employee Portal
Employee self-service portal that lets employees manage their KEEP account and view their bonus vesting schedules.
Governance & Compliance
Governance and compliance features including robust auditing and reconciliation for the finance and FinOps teams to track every bonus and tax payments.
Performance Challenges
Attach performance challenges to bonuses. Set goals, if an employee achieves the goals you define, then the employee is rewarded with a reduction in vesting schedule or balance.
Embedded Fintech
Enable seamless bonus delivery and funding execution for increased efficiency. Intuitive user interface (UI) for any sized organization and employees at all salary levels.
Turn-key Onboarding
Turn-key onboarding that allows HR teams to instantly leverage the platform with no dependence on IT integrations.
Bonus Management Dashboard
Bonus dashboard for HR teams to have an integrated view of their bonus portfolio with notifications and updates (for both employers and employees) about key milestones for bonuses.
Employee Portal
Employee self-service portal that lets employees manage their KEEP account and view their bonus vesting schedules.
Governance & Compliance
Governance and compliance features including robust auditing and reconciliation for the finance and FinOps teams to track every bonus and tax payments.
Performance Challenges
Attach performance challenges to bonuses. Set goals, if an employee achieves the goals you define, then the employee is rewarded with a reduction in vesting schedule or balance.
Embedded Fintech
Enable seamless bonus delivery and funding execution for increased efficiency. Intuitive user interface (UI) for any sized organization and employees at all salary levels.
### "Companies can use a spot bonus like a scalpel to stimulate feelings of satisfaction among employees, incentivize group behaviors, and build a stronger sense of solidarity."
#### Harvard Business Review
#### Employee Retention Program
## Deploy a vesting bonus in minutes, not weeks.
Creating an equitable bonus and retention program can be challenging. With Keep, you can easily create and deliver vesting bonuses to the employees you wish to secure.
See how Keep can help you create an employee bonus program tied to retention in this short video.
[](https://www.youtube.com/watch?v=d6AraCkvf7I)
#### Did you know?
Losing, attracting, hiring, and training employees can be expensive and time consuming.This is a very real, yet fixable problem with Keep Financial’s vesting bonuses.
#### 94%
Percentage of employees who responded yes to if a company invested in them, they would stay longer.
#### 16% - 213%
Employee turnover costs between 15% and 213% of the workers salary.
#### 23%
Only 23% of businesses say they are not having trouble with hiring.
#### 51%
Workers actively looking
for new job opportunities.
#### 8 Months
Average number of months for an employee to reach full productivity.
#### 42 Days
Average number of days
it takes to fill an open position.
#### 24%
Turnover rates of 20% before the pandemic could face a turnover rate as high as 24% in 2022 and years to come.
#### 46.7 Hours
Companies spend an average
of 46.7 hours to train an employee.
[1. wtwco.com](https://www.wtwco.com/en-US/Insights/2021/05/the-evolution-of-talent-retention-practices-during-m-and-a) | [2. Chally.com](https://chally.com/blog/causes-and-cost-of-unwanted-turnover/#:~:text=These%20costs%20range%20between%20%242%2C792,when%20finding%20the%20right%20candidate.) | [3. Apollotechnical](https://www.apollotechnical.com/employee-retention-statistics/#:~:text=Statistics%20on%20employee%20retention,looking%20at%20only%20high%2Dperformers.) | [4. Qlicket.com](https://www.qlicket.com/eight-insights-blue-collar-retention/) | [5. HBR.com](https://hbr.org/2015/03/technology-can-save-onboarding-from-itself) | [6. Gartner](https://www.gartner.com/en/newsroom/04-28-2022-gartner-says-us-total-annual-employee-turnover-will-likely-jump-by-nearly-twenty-percent-from-the-prepandemic-annual-average) | [7. Businessnewsdaily](https://www.businessnewsdaily.com/16562-cost-of-hiring-an-employee.html)
## The Keep Advantage.
Keep Financial is revolutionizing how companies attract and retain top talent with vesting cash bonuses – providing an easy-to-use platform to create and deploy usable cash to employees that are earned over their tenure.
- #### Easy to implement and scale
Delivers long-term engagement as these are not transactional but purpose-built to drive employee engagement.
- #### Retain top talent
Set bonus vesting schedules that drive retention. Enable employees to access the funds early to achieve their financial goals.
- #### Build a performance culture
Reward employees for tenure and performance. Performance challenges enable businesses to achieve goals and build morale.
## More Keep use cases
Employer test-test
Signing Bonuses
Protect your investment in top talent with bonuses that drive retention and motivation.
[Learn More](https://keepfinancial.com/signing-bonuses)
Spot Bonus
Easily reward key employees for extra effort and show they’re valued, all while driving retention.
[Learn More](https://keepfinancial.com/spot-bonuses)
M&A
Ensure your merger, acquisition, or other business transformation aligns with top talent retention.
[Learn More](https://keepfinancial.com/ma)
Beyond Equity
Give employees the flexibility to balance equity with usable cash tied to retention.
[Learn More](https://keepfinancial.com/beyond-equity)
Performance Bonuses
Motivating employees to achieve specific goals can be challenging. KEEP Performing allows companies to create vesting cash bonuses with performance challenges attached.
[Learn More](https://keepfinancial.com/performance-rewards)
Poaching Defense
Show your top talent they’re valued and desired at your company before a competitor does.
[Learn More](https://keepfinancial.com/employee-poaching)
Tuition Reimbursement
Get smarter, more productive employees and retain them longer with Tuition Reimbursement from Keep Financial.
[Learn More](https://keepfinancial.com/tuition-reimbursement)
### Reward and retain employees with smarter spot bonuses.
[Sign Up](https://app.keepfinancial.com/sign-in)
[Request a Demo](https://keepfinancial.com/request-a-demo)
- [info@keepfinancial.com](mailto:info@keepfinancial.com)
- [Blog](https://keepfinancial.com/blog)
- [Solutions](https://keepfinancial.com/solutions)
- [Help Center](https://docs.keepfinancial.com/knowledge)
- [Contact Us](https://keepfinancial.com/contact-sales)
- [Resource Library](https://keepfinancial.com/resource-library)
- [About Keep Financial](https://keepfinancial.com/about-us)
[Get Started](https://app.keepfinancial.com/sign-in)
[Request a Demo](https://keepfinancial.com/request-a-demo)
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