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The company gave a Christmas bonus to _____ employees.
A company is a singular, gender neutral, non human noun. The pronoun their is plural, so it is eliminated. The pronouns her and his are gender specific, so they are also eliminated. That leaves us with its, which is the correct answer.
Its refers to a singular non-human noun and indicates possession - just like saying "the company's employees".
A pronoun must agree with the noun to which it refers in number. A company is a singular noun whereas their is a plural pronoun.
A pronoun must agree with the noun to which it refers. A company is a gender neutral non humannoun whereas the pronoun her refers to female humans.
A pronoun must agree with the noun to which it refers. A company is a gender neutral non humannoun whereas the pronoun his refers to male humans.