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 Bonus Policy outlines the criteria and process for awarding bonuses to ensure transparency and fairness.PAYROLL your business: If you have employees, this guide can help you understand pay requirements and your payroll tax responsibilities. This fact sheet provides general information regarding bonuses and the regular rate of pay under the FLSA for non-exempt employees. Schools or departments must complete a bonus authorization form, which must include a compelling reason for the bonus payment. A recruitment incentive payment (sometimes called a signing bonus) provides an additional lump sum payment to support the recruitment of specific positions. A hiring incentive payment provides a lump sum payment to support the recruitment of specific positions in hard-to-fill job classifications. 21-0501. NO. BEFORE THE BOARD OF COUNTY COMMISSIONERS. A bonus plan is an agreement between the employer and employee to pay out a predetermined amount of money based on performance. We have multiple job opportunities across the state.