Bonus Amount: State the exact amount of the bonus being awarded. For instance, “You will receive a performance bonus of $5,000.” Rationale for Award: Provide a brief explanation of why the bonus is being awarded. This could include a summary of the employee's achievements and their impact on the organization.
To calculate a bonus based on your employee's salary, just multiply the employee's salary by your bonus percentage. For example, a monthly salary of $3,000 with a 10% bonus would be $300.