This employee bonus policy template is ready to be tailored to your company's needs and can be a starting point for setting up your employment policies. This Bonus Policy is intended to provide guidelines for the administration of employee bonuses and does not constitute a contract or guarantee of payment.Describe the benefits package that will be offered to employees and their dependents (or attach benefits summary, including paid time off policy). Want to know how to make your employees feel valued? Select a bonus letter example that truly speaks to them with our template and guide. In this article, we examine several performance bonus examples that you can easily implement in your compensation plan today. This fact sheet provides general information regarding bonuses and the regular rate of pay under the FLSA for non-exempt employees. This guide delves into nine realworld bonus structure examples that have been proven to win over employees and employers alike. State agencies may use recruitment or retention bonuses to provide additional financial incentives to attract, hire or retain eligible key classified staff. It is not a requirement to pay existing employees retention bonuses just because a sign-on bonus is offered to candidates.