are we collecting any prorated bonus if we get laid off, say by Oct? My bonus is a significant part of the TC.
11 replies (most recent on top)
Yes, however it will be severely cut. I was laid off last October and received 25% of my historic bonus. It is better than nothing but also was last year.
so sounds like its important to stay to get whatever part of the bonus they give?
Yes they were with the WFA displacements in 2019
yes, bonus is pro-rated if you are displaced.
What bonus pool there will be, if any, is the big question this year.
I doubt if the board approves any type of bonus plan this year.
this place is toxic beyond belief!
You can find the bonus doc under manager site, incentive pay and faq “2020 bonus plan”
Yes, most likely- read the bonus agreement, as long as you meet the other requirements There’s a section on employment changes which clarified but sounds like they have wiggle room to not provide if they wanted to. Will greatly depend on if your performance objectives were satisfied.
That's how it worked in the past, provided your review made you bonus eligible.
Yes, pro-rated bonus is part of the package. I reviewed the specifics last Friday.
No....