Thread regarding Enbridge Inc. layoffs

Employee leaving before STIP payout date..

If any employee leaves before the STIP payout day in Feb (i.e, Jan 3rd), do they still receive 100% STIP or pro-rated STIP?

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| 2012 views | | 5 replies (last December 28, 2024) | Reply
Post ID: @OP+1w0vgzQw

5 replies (most recent on top)

I was wondering about that myself. Can you do me a favour and quit on the 3rd, see what happens with the STIP, then come back and let me know on a reply post?

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Post ID: @cuov+1w0vgzQw

@ 5ngs+1w0vgzQw - please go search STIP in elink and read the FAQ.

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Post ID: @5aac+1w0vgzQw

No, you have to be employed up until Jan 31

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Post ID: @5ngs+1w0vgzQw

You have to be employed on the payout date to receive anything, no pro rating. As previously mentioned if you are retiring or being laid off they’ll pro rate or give you your full STIP. If you are looking to work elsewhere I’d recommend pushing your new start date out until March 1st.

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Post ID: @ovz+1w0vgzQw

Retirement yes. Quitting no.

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Post ID: @zyr+1w0vgzQw

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