Reward good performance: Bonuses can be given to recognize and reward employees for exceptional performance or for meeting certain performance targets. Show appreciation/Boost morale: Bonuses can be given as a way for companies to show appreciation to their employees and boost morale.
In your letter, include the ways your current position makes you well-suited to the new job. Offer specific ways you've made an impact and why you're uniquely qualified to take on the responsibilities required. Find a trusted referral from within the organization to endorse you for the role or promotion.
Announce the bonus 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.
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.
Use positive language to express the company's values, such as ““We wish to reward you for your excellent customer service,”” or ““We appreciate your innovative ideas and want to reward your hard work.”” Explain how the bonus is an affirmation of the company's values and how it will help employees continue to thrive.
Employee Name Employee Address We were particularly impressed with your Mention 1-2 specific achievements or areas where the employee excelled. These contributions directly impacted Positive outcome of their work. This bonus is a of our appreciation for your valuable role in our team's success.
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.