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Document Id : 8405
File Type : Microsoft Word
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USA Employee Bonus Plan
Reward your employees for their contributions to your company's success with this Employee Bonus Plan for USA businesses.
- The Employee Bonus Plan would be applicable to all full-time and part-time staff who are not enrolled in any other type of incentive plan with the company.
- The committee administering the plan will have full authority to set the performance criteria upon which bonuses are determined, and the bonus amounts to be paid out.
- The members of the committee, board of directors, and employees involved in administering the Plan are not liable to any person for any good faith action or determination made with respect to the Plan.
- A bonus pool will be established for each period during which performance measurements are evaluated. The bonus pool will be allocated among the eligible participants as determined by the committee.
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