[A bonus letter is a letter written by an employer to an employee informing him or her of the good news of receiving a bonus for work and praising the employee’s efforts in handling all of the jobs that were entrusted to them. The bonus payout may also differ from company to company, in the sense that some companies may have a bonus payout every quarter of a month, while others may have a bonus payout every month. The employer’s bonus will, however, be determined by the employer’s position in the company’s hierarchy. And for some other businesses, it may be paid annually or semi-annually. As a result, it is entirely dependent on the company and your job title. All the details about the bonus must be mentioned in the bonus letter to avoid further future confusion and misunderstandings.]
From,
Sender/Your Name…
Job Designation and Department name…
Date: DD/MM/YY (Date on Which Letter is Written)
To,
Receiver/Employee name…
Job Designation and Department name…
Sub: Bonus Payout for Quarter Ending (What is Financial Quarter for Which Bonus is offered)
Dear (Sir or Madam),
It is the quarterly bonus payout time, a time that everyone eagerly looks forward to. (Describe in your words).
Congratulations! You will be pleased to know that your rating for the quarter ending was (What is the Specified Rating as per Company’s Policy). (Describe all about company policy). Therefore, the payout for you based on the rating is (What is the Payout Amount Offered). (Money Amount).
The details are attached for your reference to enable you to understand the calculations. (Describe all about terms and Conditions). You are most welcome to contact the HR department to seek any clarification.
We hope to see more of such ratings from you and wish you all the best for all your efforts with us. (Cordially describe your greetings and recommendations).
Thanking You
Yours truly,
Name and Signature…
Job Designation and Department name…
