Employee Bonus Letter
An Employee Bonus letter is given to a company employee to inform him of the bonus that is credited to him. A bonus is not always contractual in a company and as such, proves to be a blessing or added incentive to the employee. It could be given once a year or anytime during the year if the company outperforms its sales KPI (key performance index). The letter apart from informing the employee of receiving a bonus may also contain congratulatory messages to congratulate the employee on getting the bonus.
A bonus letter intends to show the tremendous of hard and smart work performed by a particular employee. Bonus letters are usually sent to employees to appreciate the work that they have done. The bonus letter must provide specific details as to why the employee is being rewarded with a bonus. This letter can be written either formally or informally depending on the organisation, but it is mostly written in a formal manner. This letter is written by the management of the organisation.
The following is a sample of an Employee Bonus letter
24 January 2017
Eileen R. Bell
Subject: Bonus for 2010
It is my pleasure to inform you that T.G. Corporation has fared beyond its 2016 targeted KPIs in all its divisions. The management of T.G. Corporation is very much delighted to note the hard work of all its employees to bring about this excellent performance for the past year. We would like to congratulate you for receiving this bonus as it is an extremely high honour bestowed only to a very few.
It is my privilege to inform you that you have been awarded a bonus of 3 months of your monthly salary. As you might know, we have always been appreciative of the extreme amount of hard work put in by our employees and always make it a point to present them with a reward in some form or the other. As mentioned above we are delighted to inform you that you have been selected to receive a bonus for your wonderful performance as the Head of the Marketing Department for the fiscal year of 2016. The computed amount shall be credited to your bank account on January 28, 2017, after tax and pension deductions as required by the state law. Kindly do collect your bonus from the finance department.
On behalf of T.G. Corporation, I salute you for your fine contribution to the company’s success. The management looks forward to a similarly stellar performance from you in this year too. We hope that you keep up the good work and continue to help our organisation more and more success.
Once again, the management would like to congratulate you on your reward!
J. C. Flint