Pennsylvania 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 Dear [Employer's Name], I hope this email finds you well. I am writing to discuss the matter of the bonus that was awarded to me, as mentioned in my employment contract dated [contract date]. Due to unforeseen circumstances, I regretfully request the cancellation of the bonus, as further detailed below. Firstly, I want to express my gratitude for the recognition of my hard work and dedication to the company. Receiving the bonus was certainly unexpected, and I am thankful for the acknowledgment of my contributions. However, recent developments have compelled me to revise my decision regarding the acceptance of the bonus. The state of Pennsylvania has various regulations and laws surrounding bonuses, and it is imperative that I adhere to these guidelines. The Pennsylvania Labor Code, specifically Section 260.3, stipulates that the payment of a bonus is contingent upon the fulfillment of certain conditions as agreed upon between the employer and employee. In light of recent events, I would like to notify you of my inability to meet these conditions, thereby necessitating the cancellation of the bonus. Moreover, the Employee Handbook of our company also outlines the criteria for bonus eligibility. Unfortunately, unforeseen circumstances beyond my control have hindered my ability to meet the stated requirements. It is with regret that I must request the cancellation of the bonus, with full understanding that this decision may result in the forfeit of any future claims related to bonuses. I understand that this request may come as a surprise, and I apologize for any inconvenience caused. It was not an easy decision to make, but I believe it is the most appropriate course of action given the circumstances. I assure you that my dedication and commitment to the company remain unwavering. The cancellation of the bonus does not diminish my enthusiasm or motivation to perform at the highest level possible. I will continue to work diligently to contribute to the growth and success of our organization. Thank you for your understanding and consideration regarding this matter. If you have any further questions or require additional information, please do not hesitate to contact me at your convenience. Yours sincerely, [Your Name] [Your Employee ID] [Your Contact Information]

Dear [Employer's Name], I hope this email finds you well. I am writing to discuss the matter of the bonus that was awarded to me, as mentioned in my employment contract dated [contract date]. Due to unforeseen circumstances, I regretfully request the cancellation of the bonus, as further detailed below. Firstly, I want to express my gratitude for the recognition of my hard work and dedication to the company. Receiving the bonus was certainly unexpected, and I am thankful for the acknowledgment of my contributions. However, recent developments have compelled me to revise my decision regarding the acceptance of the bonus. The state of Pennsylvania has various regulations and laws surrounding bonuses, and it is imperative that I adhere to these guidelines. The Pennsylvania Labor Code, specifically Section 260.3, stipulates that the payment of a bonus is contingent upon the fulfillment of certain conditions as agreed upon between the employer and employee. In light of recent events, I would like to notify you of my inability to meet these conditions, thereby necessitating the cancellation of the bonus. Moreover, the Employee Handbook of our company also outlines the criteria for bonus eligibility. Unfortunately, unforeseen circumstances beyond my control have hindered my ability to meet the stated requirements. It is with regret that I must request the cancellation of the bonus, with full understanding that this decision may result in the forfeit of any future claims related to bonuses. I understand that this request may come as a surprise, and I apologize for any inconvenience caused. It was not an easy decision to make, but I believe it is the most appropriate course of action given the circumstances. I assure you that my dedication and commitment to the company remain unwavering. The cancellation of the bonus does not diminish my enthusiasm or motivation to perform at the highest level possible. I will continue to work diligently to contribute to the growth and success of our organization. Thank you for your understanding and consideration regarding this matter. If you have any further questions or require additional information, please do not hesitate to contact me at your convenience. Yours sincerely, [Your Name] [Your Employee ID] [Your Contact Information]