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 receive the bonus, an employee must complete a brief form attesting to their qualification. This article offers a complete template to help you establish a fair and competitive compensation structure. To receive the bonus an employee must complete a simple attestation form, which consists of checking off two boxes. 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. This article offers a complete template to help you establish a fair and competitive compensation structure. Discretionary bonuses are mostly unplanned and unexpected, and employees should not expect them regularly. Consider using a template when creating your letter, particularly if you're writing multiple bonus letters at once.