How pay for performance bonuses will be paid.

As the team lead for your department, you have been asked to create a policy outline that details how pay for performance bonuses will be paid.

Include in your policy the following information:

· Title of the organization (use a company of your choice)

· Policy number

· Effective date

· Next review date

· Policy approver

· Name of the policy

· List the department, product and function

· Summary of the policy structure