On behalf of XYZ Team, I request you to award bonus for the entire team since they have worked very hard throughout the COVID-19 pandemic. 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. Comprehensive guide on the format and template for an annual bonus announcement letter, informing employees about their bonuses. In this blog post, we'll explore the importance of a festival bonus letter, providing tips on crafting impactful letters, and showcasing examples. Create a Chief or Assistant Chef Job Application Letter with the Help of a Free Download of a Doc Example in Word, Google Docs, or PDF Format. Your annual bonus for this year is 000000. Here are the key components you need in a retention bonus agreement: 1. Duration: Clearly define how long the agreement is valid. 2. However, the pandemic heightened the use of signing bonuses as a way to attract new employees in a variety of industries.