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.This bonus will be paid in one lump sum in a separate check on the next regularly scheduled pay date. State agencies may use recruitment or retention bonuses to provide additional financial incentives to attract, hire or retain eligible key classified staff. How to fill out the SimplyMerit Sample Merit and Bonus Adjustment Letters? 1. Locate the specified placeholders within the template. 2. Create a comprehensive employee bonus policy with this template. Ensure clarity and consistency in your company's bonus structure. An example retention bonus agreement to retain an employee during a merger or acquisition. This page contains Annual Bonus clauses in business contracts and legal agreements.