Hope some in management position can provide input on this. Thanks in advance.
I need to confirm and start new job in 2 weeks( got lucky in a tough market. Another candidate backed out and I got a short notice to start). if I give notice now, is it still possible for manager to change rating and $ amount ?
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until the money is in the account and available (I.e. not in "pending" status) it can be taken back. Do not resign until then.
Work both jobs at the same time if you can.
You almost assuredly won’t get a bonus if you before the checks are cut on 2/1. I’d think if you aren’t leaving before then, you’d still probably want to at least wait before you manager has your formal performance talk before they tell you what the number is.
That said, if this job is better pay/fit/security and the only thing holding you back is the bonus, leave. You said yourself you got lucky, there are no guarantees out there, and in the long run better base pay and job security should be worth more than 1 bonus. Maybe you can negotiate a signing bonus with new employer if they really want you to start early, to offset some of the money you may lose here.
Until it is in your account it can be changed.
@psk+1qCZwqzm, while you are correct in that it is "locked down", you are incorrect in that managers can't change anything. Managers can request changes still through the support team if there are circumstances that warrant it and the support team can open the tool back up for just that manager to make changes an HRSS case is submitted and approved. Files don't go to payroll until Tuesdays of each pay period (which means file with bonus payment will be sent to payroll to process on 1/30), but just know there is such a thing as "post-close" changes as well, which are adjustments that can occur after payout if need be. Typically those are only higher adjustments, not an attempt to lower payments, but it has happened before....in that case they won't just pull it back out of your account because they only have permission to use your bank account info for deposit, not withdrawal, so if they decide to (and that's SUPER far-fetched) to try to decrease what they paid you after it is deposited in your account, they send you a letter asking for repayment. And if you don't repay, you are marked as non-eligible for rehire, but that's it. They won't sue you for repayment unless it's an incredible overpayment (think enough to warrant us being willing to sue so it's going to have to be enough for us to spend the time and attorney fees on because contrary to popular belief, we do not use our in-house attorneys for lawsuits - we hire external counsel for that.
Everything is locked down. Managers can't change anything. Give your notice.
This place will sc--w you seven ways to Sunday if you let it. Be smart and get that bonus - you earned it.
Do not leave until the money is in your account February 2. Nothing is honorable with this firm.
If you have to start the new job now...
Use your 2 personal days, then PTO -- claim family emergency for sudden need to take time off. Start new job so you don't lose the opportunity.
Then, once 2/2 rolls around, turn in your notice. Bonus in hand and new job secured.
Hold out if you can ‘til 2/2, then quit.
Don't leave until the bonus is in your account.
$ not yours til it’s in your bank