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.This fact sheet provides general information regarding bonuses and the regular rate of pay under the FLSA for non-exempt employees. A recruitment incentive payment (sometimes called a signing bonus) provides an additional lump sum payment to support the recruitment of specific positions. Learn how to run a bonus payroll and accurately calculate bonus pay and taxes with our comprehensive small business guide.