resigning & xmas Bonus

SandC

At my company it is stated in bonus letters that if one is awarded you have to be employed at the time to receive it. I would guess they would use their discretion if someone was working their notice at the time. Unless it's contractual then you are relying on their goodwill about this.

Personally I would not expect it. It sounds like it's related to overall company performance, not personal performance.

skintandscared_2

Our Christmas bonus is not paid to anyone with either performance issues or who is working out their notice at the time it is paid. It doesn't matter if they've been here years and are still here when then bonus is paid, if they are working out notice they don't get the bonus. Our bonus is also reduced if we have more than a certain number of sick days.

essthree

Most places I've worked and know about won't pay bonuses to employees who are in their notice period.
It should say in your contract or staff handbook.

lemonslice

Thanks everyone, I have just gone through all our procedures, processes and my contract, there is no mention,
I used to think that we were all kind of close- big company but has a small feel, but after I asked if a payrise was ever possible, I was almost laughed at, so I dont think they would give me one,
Its ok, I just need to weigh up the pros & Cons of waiting or going

Many Thanks

jfh7gwa

lemonslice wrote: »

I used to think that we were all kind of close- big company but has a small feel, but after I asked if a payrise was ever possible, I was almost laughed at

So take this as a lesson well learnt. thats more valuable in the long run than any bonus, even if it came with ten figures attached.

Employment, and switches in it, should be considered as a business decision. They wouldn't think twice about letting you go, from an organisational level, if you weren't performing, they had a bad year, your job became redundant, or whatever. Individual managers may be more or less friendly, but the employer's structure is to do one thing, and only one thing: enable each component in that structure to perform their job function, in the best way that gains the shareholders money. That's all.

So if you are not being valued as the resource you think you are (whether that's realistic or not), fire them. We call it something different when you do it to your boss (quitting, handing in notice, whatever), but the simple fact is that it's a business relationship, and we do well to never forget it.

If it had suited the business' aims to give you a pay rise, you'd have got it. They didn't, so it doesn't. It has only a fraction to do with how well you do your job, how hard you work, etc. so don't take it as a personal reflection on you that they almost laughed. One of the things that your hiring manager typically runs through his or her head is "how much would this unhappy person cost to replace?", if the answer is much more than you're asking for, they'll likely agree, if not, they probably won't. that's actually part of being a good manager (to some degree).

an9i77

If you want to be sure of getting the bonus I wouldn't put your notice in until after you've received it. How much are we likely talking about here, is it worth staying an extra month and working January? I think it's extremely unlikely that they'd either try or be able to get it back off you once you had received it. Usually that kind of thing only happens for things like course fees or enhanced maternity pay and it's made quite clear before the money is paid that there is the potential to claw it back if the employee resigns.

lemonslice

Thanks everyone, heard today that its actually going in our Nov Pay this wednesday, its usually around 1.5k before tax but it may be a token like last year of 750 before tax

from a HR point of view if I had in my notice afterwards, can I be saked for on purpose waiting to receive it, or does this happen? no proof as im actually moving house..thats the offical reason

I'll be honest I have been dreaming of the day for so long, theres a few instances which has compounded my desire to leave.
being told that I was never promoted because I fell pregnant by HR in a friendly off record chat.mm

on return from Mat leave was removed from my old position in to a new one, wasnt a problem but I have been shifted about a few times. departments & buildings with no notice and I have always done as asked,
when my baby was not allowed to attend nursery due to chicken pox i was called in & told that from now on any days or time off relating to them would be made to take as annual leave. again fair enough -my child my responsibilties, but this rule is only for me..

Ive kept my head down & got on with it,
wonder if I had kicked up a fuss like a few others I would have been given a payrise or promotion
ah well!!
I guess i will find out in due time

jfh7gwa

lemonslice wrote: »

from a HR point of view if I had in my notice afterwards, can I be saked for on purpose waiting to receive it, or does this happen?

this happens every May at my employer (bonus is paid end of April each year)

no one's been sued yet. what can they sue you for? it's within the limits of the contracts, and i assume most people check that the money has actually landed in the account before they resign, etc

par for the course where i work. if they wanted to put a stop to it they could by going to half-year bonus or something, but they never have

it's just a part of doing business, isn't it?