Quickly gets higher bonuses, impressing everyone (8)
I believe the answer is:
balloons
'quickly gets higher' is the definition.
(as in ballooning costs)
'bonuses impressing everyone' is the wordplay.
'bonuses' becomes 'boons' (a boon is an unexpected benefit or bonus).
'impressing' indicates putting letters inside (impress historically meant to conscript).
'everyone' becomes 'all' (I've seen this before).
'boons' enclosing 'all' is 'BALLOONS'.
(Other definitions for balloons that I've seen before include "Lighter-than-air aircraft run by hot air" , "Glasses are called for!" , "Party novelties" , "they give people a lift" , "Inflatable party decorations" .)