Will laid off employees get a bonus tomorrow or was it already part of the severance package?
11 replies (most recent on top)
There wasn’t any 401k withholding from the bonus of laid off employees.
$7500 cleared. When you’re expecting $25,000 - $30,000, they should have kept it
@rpk+1rrWpnQ7 how could you contribute to 401k if laid off?
I got 10K + after taxes
Bonus is taxed at higher rate. I got the 65% ( 90% of the 73% funded pool) minus the quarterly advances, 401K contribution and taxes.
Net 38%.
We should get the payslip via snailmail soon so I'm only speculating on the holdings etc
Cleared 10K+
"What did everyone get for the bonus?"
28% of my amount after taxes. I was one of the ones laid off. just glad to get it and be done with that place. I feel bad for the ones left because I can only imagines how little their bonuses and merit was.
What did everyone get for the bonus?
You could have called HR today to get details on the bonus pay tonight, it will be paid tonight and either call HR and request a copy of your payslip or wait for it in the mail.
It sure helps the laid off people, good luck to all of us.
I have direct deposit and got my bonus today. Being laid off, I was happy to get the extra money, but if i feel bad for those who are stuck in a toxic environment and had a cr-ppy merit and bonus payout.
Enjoy the extra money tomorrow.