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Bonus's

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I'm planning B/R but need to get a new job first (my existing job has a B/R clause).

I've got an interview later this week - the salary is higher and I would get an IPA ( I've worked out that the surplus income would be about £130.00 so the IPA would be £65.00).

And there could be an annual bonus circa £1k - I know I have to tell the OR about it.

I'm guessing that all of it would go to the OR (I do understand if that's the case).

But just so I know - are you "allowed" to keep any of it?

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It is totally down to the OR. Some take a portion and others take the lot. I've seen smaller sums be taken and some not.

    I would expect the lot to go to the OR and if you are left some then that is a bonus.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • script
    script Posts: 718 Forumite
    Thanks Tigerfeet,

    I'll work on the basis that they'll want the full bonus - and anything left is a plus.

    Anyway I'll be happy just to get the job - and never mind about the bonus.
  • dojoman
    dojoman Posts: 12,027 Forumite
    :):):):):):)
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • i have heard of people on the boards being able to keep there bonus but others having to pay

    with the br clause do you work in the banking industry??
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