Employee Annual Bonus Schedule (From Company's Pre-Tax Profits)

A bonus schedule that is attached to an employment contract, for example Standard documents, Employment contract for a senior employee or Director's service agreement (long-form), in which an employee has a contractual entitlement to receive an annual bonus calculated by reference to the company's pre-tax profits.

• The bonus schedule should be clear and concise, outlining how the bonus will be calculated and paid out

• The bonus should be based on pre-tax profits, and not post-tax profits

• The bonus should be paid out in a timely manner, preferably within a few months of the end of the fiscal year