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. This guide delves into nine realworld bonus structure examples that have been proven to win over employees and employers alike.Annual Bonuses: Paid out in the first quarter of the following fiscal year. This timing allows for a comprehensive review of the previous year's performance. 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 fact sheet provides general information regarding bonuses and the regular rate of pay under the FLSA for non-exempt employees. I have been asked to design a compensation and bonus plan for the organization and I need some guidance. This policy typically outlines the criteria for eligibility, the calculation method for determining bonus amounts, and the timing of bonus payments. This policy typically outlines the criteria for eligibility, the calculation method for determining bonus amounts, and the timing of bonus payments.