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.A sample bonus policy for managers and officers based on year-end company profit. Create a comprehensive employee bonus policy with this template. Ensure clarity and consistency in your company's bonus structure. I. Montgomery College's compensation program is designed to attract and retain high performing and highly skilled faculty, staff, and administrators. This Annual Employee Bonus Plan (Plan) is designed to provide an effective means to motivate and compensate eligible employees, on an annual basis. A sample policy providing monetary and nonmonetary bonus awards. Explore a variety of bonus structure examples to incentivize and reward employees. From performance-based to retention bonuses.