template

Bonus Letter

Genie Team

Nov, 01 2022

When to use this template

When you have employees who work hard to grow your business, they deserve to be recognised.You can use this template to thank paid staff for their hard work, dedication and loyalty and add other circumstances surrounding the bonus as you need. Why are you giving this bonus? This template will work whether you are announcing an annual bonus, a Christmas bonus, a project bonus for a team or an individual performance bonus.

Key issues covered in this template

Value of bonus
Reason for bonus
Calculation of bonus
Employer and employee details
What kind of bonuses they could expect in the future
Bonus in the form of share options (though you could add this in)

What to watch out for

Used by

Author

Genie Team

@genieteam

Genie AI Team

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

Organisations that used this template

+15 more

Technology

21%

Other

21%

Retail

18%

Consultancy

17%

Agriculture, Forestry and Fishing

11%

Wholesale

Energy

Public Administration

Terms of use

This is not legal advice - see more

Genie AI terms and conditions

Code of conduct

Version history

2 years ago

Genie Team

A static version of the document with guidance notes was uploaded.

3 years ago

Genie Team

Created version 1.

Additional information

Business categories

Other

Business activities

Other

Contract type

Other

Relevant sectors

Agriculture, Forestry and Fishing

Transport

Wholesale

Manufacturing

Retail

Finance

Real Estate

Consumer, Public & Health Services

Media

Insurance

Legal Services

Education

Sport & Entertainment

Consultancy

Public Administration

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes