Want to know how to make your employees feel valued? Select a bonus letter example that truly speaks to them with our template and guide.Use this email template to announce performance bonuses to your employees. 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. Use our Employment Contract to hire an employee for your business, and define details like wages and working hours. Use our Employment Contract to hire an employee for your business, and define details like wages and working hours. A bonus plan is an agreement between the employer and employee to pay out a predetermined amount of money based on performance. Should I report hourly wage rates or annual salaries? Should I report the average wage rate for all employees in the same job?