Bonus Announcement Letter

Annual bonus needs to be paid by all organisations to its eligible employees as per the Payment of Bonus Act. Bonus is a joyous occasion for employees as they feel recognised and are rewarded financially by their respective organisations for all the efforts and hard work put in.

This letter template is available for download in Word format.

With this Bonus Announcement Letter template you can:

• Convey its intention to reward the employees
• Standardize the format in which to make the announcemen
• Bring clarity to employees on what and when to expect the same

In just a few minutes you will be able to create a bonus announcement letter for your employees. This template covers vital information like:

• The rate of bonus that has been declared by the company
• When the bonus will be paid