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.In this article, we discuss how to write a bonus request letter and provide an example letter for you to use as a reference. An incentive bonus agreement is a contract between an employer and employee that details information about a cash bonus offered as an incentive. 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. A total rewards package that incorporates a variety of strategies, including a one-time merit payment and paid time off for outstanding performance. This bonus announcement sample letter may be used as a memo to all workers or to an individual employee. How do I go about asking for my bonus from my job for working more than 400 hours? A total rewards package that incorporates a variety of strategies, including a one-time merit payment and paid time off for outstanding performance.