This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Bonus Award Notification Dear Employee's Name, We are pleased to inform you that you have been awarded a bonus in recognition of your exceptional performance over the past period. This bonus is a testament to your dedication, hard work, and significant contributions to our team.
I trust that my commitment and hard work are worthy of this bonus. I request your understanding and support in granting this bonus as an acknowledgement of the value added by my work. I look forward to your positive response.
The typical bonus amount can range from 1% to 15% of an employee's salary, usually depending on a number of factors such as industry, company performance, and individual or team accomplishments. The average bonus for employees continues to rise over time. In 2020, the average employee bonus was only 8.1%.