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 provides examples of how to calculate bonuses for nonexempt employees and explains their impact on the overtime rate.This article provides an overview of the design and management of employee incentive compensation programs. Plan and calculate employee bonuses with our simple Annual Bonus planner template. It's a marketing framework that breaks down the customer purchase process into four stages: attention, interest, desire, and action. 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.