If you would like to inform your employees about not being able to pay a bonus, here is a sample no bonus announcement letter to employees.
[Date]
To
[Recipient Name]
Subject: No Bonus Announcement
Dear [Recipient Name],
With regret, we have to announce that this year there will be no bonus at [Company Name]. The year has been difficult due to [Reason]. And because of this, [Company Name] has not met its desired goals.
Unfortunately, we have decided to cancel the bonus to meet our financial requirements. We hope you would understand and support us in these difficult situations.
Thanking You.
Sincerely,
[Your Name]
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