[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Designation] [Company Name] [Company Address] [City, State, ZIP] Subject: Cancellation of Bonus — [Employee's Name— - [Employee ID] Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you of the cancellation of the bonus awarded to [Employee's Name] with the employee ID [Employee ID]. After a thorough review of employee performance and company financials, it has come to our attention that there were discrepancies in [Employee's Name]'s performance and certain conduct issues that have led us to make this unfortunate decision. Upon investigating further, it became evident that [Employee's Name] failed to meet the agreed-upon criteria required to receive the bonus. While we understand the importance of recognizing and rewarding exceptional performance, it is equally important to maintain the integrity of our bonus structure and uphold the standards we have set for our employees. Therefore, the decision to cancel the bonus was made to address the concerns and maintain a fair and consistent approach throughout the organization. [Optional: If applicable, briefly highlight the specific performance or conduct issues identified during the review process.] We understand that this news may come as a disappointment to [Employee's Name]. However, we believe it is essential to provide feedback and address areas of improvement to foster growth and maintain an environment of transparency and accountability. We encourage you to discuss this decision with [Employee's Name] in a respectful and constructive manner while offering guidance on how they can enhance their performance in the future. Please ensure that this decision is communicated to [Employee's Name] promptly, maintaining confidentiality and professionalism throughout the process. We appreciate your support in handling this matter discreetly to avoid unnecessary speculation or adverse effects on team morale. If there are any questions or concerns regarding this matter, please feel free to reach out to me directly. We value your expertise and collaboration in maintaining a high standard of performance and look forward to your continued contributions to the success of our organization. Thank you for your attention and understanding. Sincerely, [Your Name] [Your Designation] [Company Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.