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The Appreciation Bonus Letter To Employee is a crucial document used in Nigerian business practice when an employer wishes to formally recognize and reward an employee's exceptional contribution, achievement, or performance through a monetary bonus. This document serves multiple purposes: it complies with Nigerian labor laws regarding compensation documentation, provides clarity on the bonus terms and tax implications, and creates a formal record of the additional payment. The letter is typically issued following significant achievements, completion of important projects, or recognition of long-term service, and must align with both company policies and Nigerian employment regulations. It should contain specific details about the bonus amount, payment timing, any conditions attached, and tax considerations while maintaining a professional yet appreciative tone.

1. Letter Header: Company letterhead, date, reference number, and employee's full details including name, employee ID, and position

2. Subject Line: Clear indication that this is an Appreciation Bonus Letter

3. Opening Paragraph: Express appreciation and state the purpose of the letter

4. Bonus Details: Specific amount of the bonus, currency, and timing of payment

5. Reason for Award: Clear statement of the achievement or contribution being recognized

6. Payment Terms: Information about how and when the bonus will be paid, including any tax considerations under Nigerian law

7. Closing: Expression of continued appreciation and future expectations

8. Signature Block: Authorized signatory details, including name, title, and signature