Dear Employee Name, We are pleased to present you with your year award in the amount of $__. This bonus award reflects your excellent performance, the contributions you made and the goals achieved on behalf of Company Name during the past year.
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Subject: Bonus Award Notification Dear Employee's Name, We are pleased to inform you that you have been awarded a bonus in recognition of your exceptional performance over the past period. This bonus is a testament to your dedication, hard work, and significant contributions to our team.
How to write a bonus request letter Draft the structure of your letter. State why you're requesting the bonus. Provide evidence for why you're requesting the bonus. Invite the supervisor to discuss the bonus with you further. Proofread your letter before you deliver it.
An annual bonus of 5-10% of your yearly salary is standard in a lot of industries, just as a 5-10% annual raise is considered standard. However, if you work on commission, you may see a significantly higher percentage. Your industry, company revenue, location, and level also heavily inform what's expected.
Here are some steps that can help you when writing a letter to notify someone about a bonus: Address the letter. Announce the bonus. Give details. Congratulate them. End the letter. Use a simple tone. Keep it brief. Consider a template.