Staff Bonus Policy
Bonus Pool
At the end of each fiscal year, [NAME OF FIRM] will review its financial performance for the year and set aside a pool of funds to be used for distributing staff bonuses. The amount of the bonus pool will vary from year to year depending upon the profitability of the firm and, at the discretion of the firm, there may be no bonus pool if circumstances do not warrant.
Eligibility
All full-time employed staff members of the firm (excluding lawyers and articling students) who have at least one (1) full year of continuous employment with the firm are eligible for consideration for a bonus. A staff member who is not employed by the firm at the time the bonus pool is established will not be eligible for a bonus.
Award Categories
Three “performance” bonuses, in amounts established by the firm, will be awarded to the three eligible staff members demonstrating, in the firm’s view, the best overall performance for the year. The balance of the bonus pool will be distributed equally to all remaining eligible staff members.
Qualifications
For the purposes of determining the three staff members demonstrating the best overall performance for the year, the following factors will be considered, with an emphasis on those qualities which contribute to the firm as a whole:
Attitude
Teamwork
Leadership
Loyalty
Productivity
Self-Motivation
Skills (speed, accuracy, organization)
Professionalism
Interpersonal Skills
Self-Improvement over previous year
Download Staff Bonus Policy In Word Format
Letter of Intent forms the very first step in getting Certificate of Need. This letter…
Dr. Clint Geller 5825 South Maryland US, IL 60637 Dear Dr. Geller, We, Texas…
A letter of farewell is usually a departure letter written to someone who is leaving…
A letter of experience is generally forwarded by an institution where an individual has worked…
Warning letter is written to warn the person for wrong action. If the case is…
To, Name (Mention the name of the recipient) Designation (Mention his designation, if applicable) Company…