Dear [Employee's Name], We hope this letter finds you well. We wanted to take a moment to address a recent matter regarding your annual bonus and inform you of the cancellation of this incentive. After careful consideration and evaluation, the decision to cancel your bonus was made based on various factors specific to your performance and the company's financial circumstances. As you may be aware, our organization follows a comprehensive appraisal system that considers multiple elements such as productivity, customer satisfaction, team collaboration, and individual contribution. Unfortunately, based on the assessments conducted, it has become evident that certain performance metrics were not met during the evaluation period. These include key performance indicators related to meeting target goals, timely completion of project deliverables, and adherence to company policies and procedure. Consequently, the decision to cancel your bonus was made to ensure fairness and consistency among all employees. Furthermore, we understand that employees strive to achieve their goals, and the company values your efforts in contributing to our success. Nonetheless, given the current economic climate and the need to allocate resources efficiently, it has become necessary to make difficult decisions to ensure the long-term sustainability of the organization. Please note that the cancellation of your bonus does not reflect the company's overall satisfaction with your work or its commitment to your professional growth. We recognize your contributions and believe in your potential to continue making valuable contributions to our team. We encourage you to channel your disappointment into motivation to excel in your future endeavors and work towards achieving goals that will make you eligible for future bonus consideration. In conclusion, we regret to inform you of the cancellation of your annual bonus. We would like to assure you that this decision was made after careful consideration and evaluation. We appreciate your commitment to the company and hope that this setback will not deter you from striving for excellence. If you have any questions or would like to discuss this matter further, please do not hesitate to reach out to your immediate supervisor or the Human Resources department. We are here to provide any clarification or guidance you may require. Thank you for your understanding and continued dedication to the success of our organization. Sincerely, [Your Name] [Your Title/Position] [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.