GG to your bonus as of past experiences. That's why people always get their bonuses first before tender. Hope your new salary can offset the loss. All the best to you.
Usually payment of bonuses is contingent on staff being in service, i.e. have not submitted notice of resignation. Larger organisations HR typically issue a circular to all staff stipulating the cut-off dates for eligibility for bonus. In the absence of specific instructions, usually companies will tend to say eligible means one must still be working and have not communicated intention to resign either verbally or in writing.
Ask your HR, but from experience is no. Next time make sure the money is in your bank account before tendering. And even then I heard they might claw it back from u
Very unlikely no, you will have to ask your HR. Usually there is a clause that you still have to serve how many more months after getting your bonus before you quit
>My company has stated that I am entitled to variable bonus which I will be receiving together with my April salary (salary pay out is end of month).
you go get this in writing now.
Sorry, the word is actually “awarded” and not “entitled”. Not sure if that makes a difference.
But yes, I have a hardcopy letter of this which my company had given me as part of my performance review
the letter is you get before or after you tender??
i think better go ask your boss to clarify first.
cos based on this letter, i think your boss very nice give you bonus despite you tendering
GG to your bonus as of past experiences. That's why people always get their bonuses first before tender. Hope your new salary can offset the loss. All the best to you.
Usually payment of bonuses is contingent on staff being in service, i.e. have not submitted notice of resignation. Larger organisations HR typically issue a circular to all staff stipulating the cut-off dates for eligibility for bonus. In the absence of specific instructions, usually companies will tend to say eligible means one must still be working and have not communicated intention to resign either verbally or in writing.
Ask your HR, but from experience is no. Next time make sure the money is in your bank account before tendering. And even then I heard they might claw it back from u
Yea I know. Just that I had a good offer that came to me in March so I took upon it instead
Very unlikely no, you will have to ask your HR. Usually there is a clause that you still have to serve how many more months after getting your bonus before you quit
>My company has stated that I am entitled to variable bonus which I will be receiving together with my April salary (salary pay out is end of month). you go get this in writing now.
Sorry, the word is actually “awarded” and not “entitled”. Not sure if that makes a difference. But yes, I have a hardcopy letter of this which my company had given me as part of my performance review
the letter is you get before or after you tender?? i think better go ask your boss to clarify first. cos based on this letter, i think your boss very nice give you bonus despite you tendering
Nah, it was given to me before I tendered
then i think RIP. dont have. at least now you know. always take bonus first then leave.
Nope. Bonuses are meant to be a leash.
You probably will get no bonus. Not very smart decision tbh, depending on the expected value of the bonus.
I know. As mentioned in another comment, just that a good offer came to me in March
Gg. No bonus. Good luck on your next career.
Treat any bonus payout as a... Bonus. On the bright side, leave will continue to be accrued through your notice period.
Why wouldn’t you wait another 6 weeks lol
Either offer was really good, or head empty no thoughts rofl
Only resign After your bonus $ is in your account
Certain companies do give pro-rated bonus. I know my company did for my ex-colleague. But i think based on request
They have the right to forfeit the bonus. If they nice they can give u but unlikely. Bonus is unregulated so dont go crying to MOM.
Nope. If U declare leaving. No bonus will b paid
always wait for everything to go inside the bank account before handing out the letter