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. Comprehensive guide on the format and template for an annual bonus announcement letter, informing employees about their bonuses.To assist our members, SEIU 721 has developed a form to be used to notify management and officially request the bonus (see reverse side). To receive the bonus, an employee must complete a brief form attesting to their qualification. A bonus is money you give to an employee in addition to the salary or hourly rate usually due as compensation. This Bonus Policy outlines the criteria and process for awarding bonuses to ensure transparency and fairness. This page contains Signing Bonus clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses. An incentive bonus agreement is a contract between an employer and employee that details information about a cash bonus offered as an incentive.