Dear employee name, Thank you for all the hard work you've put in during this year. As always, your dedication and work ethic has not gone unnoticed. We would like to reward you with a bonus of amount to show our gratitude and appreciation during this festive period.
An example of a discretionary bonus clause may look like the following. 'The Company's Board of Directors has the authority to grant the Executive a discretionary bonus each year. This bonus can amount to up to 33% of the Executive's Base Salary, depending on their performance for the Company in the previous year. '
Be Direct but Courteous: Clearly state your request while expressing appreciation for your current role and any previous bonuses. Provide Context: Briefly mention any contributions you've made that justify the bonus, such as exceeding targets or taking on additional responsibilities.
What Should a Bonus Letter Include? Personalized Greeting. Use the employee's name and a friendly introduction. Recognition of Contributions. Highlight the employee's achievements over the past year. Bonus Formula and Attainment. Clearly explain how the bonus was calculated. Bonus Amount. Thank You and Encouragement.
A bonus is a payment an employer gives to staff in addition to their basic wages. This usually relates to: company performance. individual performance.
Tips for Closing the Bonus Letter Congratulate. Congratulate again. Best Wishes. Name & Title.
The stars are a visual reminder that they have encountered a bonus letter. This reminds students that although there are two identical consonants, they work together to make one sound. Physically marking the text helps students solidify their understanding of bonus letters (starred in orange).
Something like ``Thanks, I'll put that to great use'' is more than enough. If you want, you could also include a sentence that indicates you understand bonuses mean the company is doing well, and you're happy the company is doing well.
How to write a bonus letter Address the letter. In the beginning of the letter, label and address it like you start any correspondence with your team. Announce the bonus. After you address your recipient, try to immediately explain why you're writing them a letter. Give details. Congratulate them. End the letter.