[Company Logo][Company Name]
SPOT BONUS LETTER
- Ref. No.:
- [Reference Number]
- Date:
- [Date]
Private and Confidential
To,
[Employee Name]
[Designation], [Department]
Employee ID: [Employee ID]
[Work Location]
Subject: Grant of one-time Spot Bonus
Dear [Employee Name],
We are pleased to inform you that the management has approved a one-time Spot Bonus in recognition of [reason, e.g. your leadership in completing the ERP cut-over for all branches within the planned window, despite significant last-minute changes].
- Gross bonus amount: ₹[Amount] (Rupees [Amount in Words] only).
- Payout: credited with your salary for [Month YYYY].
- Tax: the bonus is taxable as salary and TDS will be deducted as applicable.
- Nature: this is a discretionary, one-time payment. It does not form part of your CTC and does not create any entitlement to future bonuses.
- Condition (if applicable): payable provided you are in active service on [DD/MM/YYYY].