Employee Bonus Process Flow

This sample flowchart defines the process for implementing an employee bonus program. Samples steps in this process include: the bonus program is documented by the board of directors (BOD)/compensation committee/HR, the bonus program is approved by the BOD/compensation committee, the bonus program is communicated to employees, bonus calculations are performed by HR/the payroll department, and bonus calculations are approved. This document should be used as a general guide to understand and review this business process. Organizations should customize this tool to ensure that it reflects their business operations and continuously monitor the process to ensure that the steps described are accurate.