A bonus is a surprise that we all love and in order to inform our employees about the same we have to write bonus letter to employees. A bonus payout letter for quarter ending is a formal letter written by employer to employee in order to inform him or her about the bonus of their good work which takes place at the end of the quarter.
In this post, we bring to you a bonus letter sample format. You can use this employee bonus letter template for drafting a personalized letter that will be focusing on the payout at the end of the quarter.
Format for Bonus Payout Letter for Quarter Ending
Date: June 27, 2023
Mr. Richard Smith
54, Henry Hills
Sub: Regarding bonus payout for quarter ending July 25th, 2023.
Dear Mr. Richard,
This is the time for quarterly bonus payment and we are aware that all our employees look forward for this time of the quarter where they are rewarded for their performances.
Congratulations!! You will be happy to know that you have surpassed everyone in achieving the highest sales figures for this particular quarter which has drastically improved your rating. Therefore, the bonus payout for you based on your performance and achievements would be $ 1520.
We have attached with the letter all the details based on which this figure has been derived. This will help you understand all the calculations that the company follows while deciding on the bonus of the employees. If you need assistance in understanding any of these calculations then you can always get in touch with the HR department.
Wishing you good luck for all your future endeavors and we are hopeful that you will continue to keep working hard and keep surprising us with your performances.