New Mexico Sample Letter for Bonus Cancellation

• Category: Letters - Nonlegal - Bonuses
• State: Multi-State
• Control #: US-0080LR
• Format: Word; Rich Text

Description

Sample Letter for Bonus Cancellation Subject: Request for Bonus Cancellation — Sample Letter [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Employer's Name] [Employer's Title] [Company Name] [Company Address] [City, State, ZIP] Dear [Employer's Name], I hope this letter finds you well. I am writing to formally request the cancellation of my bonus as outlined in the bonus agreement for the fiscal year [Insert Year]. After careful consideration of my personal and professional circumstances, I have reached the difficult decision to forego my entitlement to the bonus. First and foremost, I would like to express my sincere appreciation for the opportunity to work with [Company Name] and the trust you have placed in me. I am proud of the accomplishments I achieved during the past year and the contributions I made to the company's success. However, due to unforeseen financial circumstances, I find it necessary to waive my right to receive the bonus. I believe that allocating these resources towards other essential priorities, such as paying off debts or investing in my family's well-being, is in my best interest at this time. I understand that the bonus is contractual, and I apologize for any inconvenience or concern that this request may cause. Furthermore, I assure you that this decision has been carefully considered, and after reviewing my current situation, I firmly believe it is the most responsible course of action. To facilitate the process, I kindly request that you cancel the bonus payment and make the necessary adjustments to my records accordingly. I am confident that this will not adversely affect my dedication, commitment, or performance moving forward. I would be more than happy to discuss this matter further if needed or provide any additional information to support my request. Please feel free to contact me at your convenience via phone or email to discuss the next steps. Thank you for your understanding, cooperation, and ongoing support. I hope that you can accommodate this request and that it does not cause any major disruptions to the administrative process. It is a privilege to be part of the [Company Name] team, and I am committed to continuing to contribute my best efforts and skills to the organization's success. Wishing you and the entire team continued success ahead. Sincerely, [Your Name]

Subject: Request for Bonus Cancellation — Sample Letter [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Employer's Name] [Employer's Title] [Company Name] [Company Address] [City, State, ZIP] Dear [Employer's Name], I hope this letter finds you well. I am writing to formally request the cancellation of my bonus as outlined in the bonus agreement for the fiscal year [Insert Year]. After careful consideration of my personal and professional circumstances, I have reached the difficult decision to forego my entitlement to the bonus. First and foremost, I would like to express my sincere appreciation for the opportunity to work with [Company Name] and the trust you have placed in me. I am proud of the accomplishments I achieved during the past year and the contributions I made to the company's success. However, due to unforeseen financial circumstances, I find it necessary to waive my right to receive the bonus. I believe that allocating these resources towards other essential priorities, such as paying off debts or investing in my family's well-being, is in my best interest at this time. I understand that the bonus is contractual, and I apologize for any inconvenience or concern that this request may cause. Furthermore, I assure you that this decision has been carefully considered, and after reviewing my current situation, I firmly believe it is the most responsible course of action. To facilitate the process, I kindly request that you cancel the bonus payment and make the necessary adjustments to my records accordingly. I am confident that this will not adversely affect my dedication, commitment, or performance moving forward. I would be more than happy to discuss this matter further if needed or provide any additional information to support my request. Please feel free to contact me at your convenience via phone or email to discuss the next steps. Thank you for your understanding, cooperation, and ongoing support. I hope that you can accommodate this request and that it does not cause any major disruptions to the administrative process. It is a privilege to be part of the [Company Name] team, and I am committed to continuing to contribute my best efforts and skills to the organization's success. Wishing you and the entire team continued success ahead. Sincerely, [Your Name]