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How do you write a letter to your manager and employees that they will not be receiving bonuses due to missing the financial goal for the quarter?
Wiki User
∙ 12y ago
Tell the truth and have some statistics to back it up and perhaps offer some hope that they will receive bonus' in the future when the company picks up. Many companies that have previously given out bonus' can't do so in future years. They deserve at least a chart or total figures of this loss if you really want them to believe it. So many companies lie to their Management Staff and other employees leaving them disgruntled. It sounds like you have a close knit company so just be honest along with the facts or, simply put that if anyone has any further questions you are open for discussion. Don't wait too long to send out the letters because Management and employees often count on that extra money.
EXAMPLE:
TO: Mr. Richard Smith, Manager
Due to missing the goals anticipated of the financial quarter I regret that there will be no bonus' given to Management or employees.
It is my hope that the next quarter in the future will be more successful and any suggestions you may have would be greatly appreciated.
Sincerely,
**MEMOS should go out to the employees in their NEXT pay checks and in their Memo use the first paragraph above, but add 'Management is working together to try and make the next quarter a successful one.'
That's about all you can do and hope they are appeased.
Wiki User
∙ 12y ago
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