No, but there's such a thing as making trillions of the backs of hard working peasants. No shocker either.
How about having regular wages for regular work AND performance bonuses to reward great performance (what they're meant to be)?
As opposed to low wages for regular work, thus making performance "bonuses" a necessity (and thus using them to force people to overworking) OR having regular wages and not compensating those working more.
If I pay you $8/hour, and have "performance bonus" of $16 for those who work their asses off, people will be forced to work 2-3 hours more per day to get those just to get by.
If I then start paying you $10/hour and drop the bonuses, those working regular hours would be ok, but others who are still made to work overtime would still like to be compensated extra for what they do. They might still make the same as before, but now their colleagues who go off a 8 hours or have lower performance get the same too. So what's to compensate for their extra effort?
That's what performance bonuses are about, to compensate for extra effort.