This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Massachusetts Court Finds Retention Bonuses Are Not Wages. A Massachusetts state appellate court recently ruled a retention bonus is a form of “contingent compensation” not subject to Massachusetts's wage laws.
After you address your recipient, try to immediately explain why you're writing them a letter. Notify them that they're receiving a bonus and give a brief reason why. For example, if this bonus is for a particular achievement you can mention the specific action or project.
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.
Tips for Closing the Bonus Letter Congratulate. Congratulate again. Best Wishes. Name & Title.
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.
If you're asking for a bonus for a specific project, provide facts and figures about the outcome of the project and how it exceeded the stakeholders' requirements. If you're asking for a bonus for more general reasons, offer details about why you deserve it.
Consider saying ``Thank you for the bonus. I am so appreciative of it. I will continue giving my best every day''. Adding that second and third line makes all the difference.
Notify them that they're receiving a bonus and give a brief reason why. For example, if this bonus is for a particular achievement you can mention the specific action or project.
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.