Can anyone surplussed last year if they are reading this speak to the fact of receiving your bonus the following March. I was in one of this year's surplus groups and on the call we were told our bonus would be pro-rated.
I'm wondering if they just mail it to you like they did the severance check. Seems unclear how they even arrive at a bonus amount after we are gone.
The Total Performance Incentive for level 1 - 4 management employees is the bonus part of TheManagement Compensation Plan. It contains two components; the Company PerformanceIncentive (CPI) and the Individual Performance Incentive (IPI). A prorated Company PerformanceIncentive (based on target percentage at time of separation, eligibility rules and the time spent asan active employee during the performance year), will be adjusted by your Business Unit'sfinancial results and other factors determined by the Company, in its sole discretion, to beappropriate under the circumstances. Payment, if any, is generally made around March 6,following the performance year and mailed to your home address. The actual percentage awardedmay be higher or lower than the Company Performance Incentive, or may be zero, at theCompany's sole discretion. A number of different factors determine whether an employee iseligible for a Company Performance Incentive. The Individual Performance incentive is adiscretionary component of the Total Performance Incentive. It is awarded to employees at the solediscretion of management. Factors set forth in the "CRITERIA AFFECTING ELIGIBILITY FOR MERITINCREASE, TOTAL PERFORMANCE INCENTIVE, AND NPS INCENTIVE" section of the ManagementCompensation Plan outline eligibility for both the CPI and IPI components of the Total PerformanceIncentive.
I was surplussed middle of last year. HR confirmed today bonus check was sent in the mail yesterday. So happy I don't have to chase them down for this.
I'm in Texas, I got unemployment benefits and yes I reported my severance income and was still eligible. I got my severance check at the 45 day mark, it came via regular mail....
How long did it take to get the surplus check and can anyone tell me if they were able to get the severance check and get unemployment in Texas
lol no doubt!
Prepare your anus. AT&T is known for screwing you (see comment before).
I'm just now getting my bonus after being surplussed in 2015. For almost a year, HR told me I wasn't owed a bonus. After placing a lot of calls, I'm getting it now.
Yes you will get your bonus in the middle of march