[IASHRM] Bonus Eligibility

[Jill Bidwell]

We are reviewing our annual bonus eligibility criteria and creating a written plan.  Does anyone have a written plan that is provided to employees regarding participation and eligibility for annual company bonus payments?

For example, we do not pro-rate or pay bonuses to employees who separate from the company before our plan year end.  I am interested in how other companies handle employees who transfer position mid-year or any other issues that I should be taking into consideration.  I understand that criteria is specific to each organization, but we currently do not have anything in writing regarding our past practice and I am looking for templates to help me with this process.

Any advice/assistance would be great appreciated.

Sincerely,

Jill Bidwell - PHR
Human Resource Manager
Becker Underwood
801 Dayton Avenue
Ames, IA 50010
515-956-2315
515-817-0723 (fax)
jill.bidwell at beckerunderwood.com<mailto:jill.bidwell at beckerunderwood.com>
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