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. The Frequently Asked Questions (FAQs) provided below highlight topics and specific questions that are often asked of the Illinois Department of Labor (IDOL).DPD will provide the developer with a Affordable Housing Agreement, Worksheet: FAR Bonus. Calculation, and Acknowledgement form. What is a Bonus Plan? A bonus plan is an agreement between the employer and employee to pay out a predetermined amount of money based on performance. 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. Blanking on employee rewards? Here are 65 creative ideas to help you engage employees and improve organizational culture.