You can employ a bonus letter template to formally recognize and reward an employee's outstanding performance or the achievement of specific, measurable goals. This bonus announcement sample letter may be used as a memo to all workers or to an individual employee.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. 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. However, it would help if you showed special appreciation for the salesperson who achieved the highest targets among all salespeople. When you feel the time is right, bring up the possibility of a bonus with your boss. An incentive letter is sometimes called a bonus letter, and is used to let an employee or group of employees know that they are receiving the bonus. I'm certain you can reach this target and help contribute to our success. The Executive shall be eligible to earn a bonus (the "Milestone Bonus") based on the Company's achievement of certain milestones as set forth in Exhibit A. Needs to fill up the basic details in the place provided at the top of the.