Thread regarding Follett layoffs

Bonuses?

Today would have been the day we received our bonus statement. Any expecting a surprise on Friday?

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| 2171 views | | 13 replies (last June 25, 2021) | Reply
Post ID: @OP+1bgHgG18

13 replies (most recent on top)

Yeah they went out. Mine was deposited overnight.

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Post ID: @ggnn+1bgHgG18

Anyone see their bonus?

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Post ID: @gwfl+1bgHgG18

Bonuses going out the 25th.

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Post ID: @6pmw+1bgHgG18

Any word on this? Think they'll announce something on Friday? Seems like the type of BS they'd do to try to offset any bad news.

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Post ID: @6vmt+1bgHgG18

My understanding is that if you're let go, you still get it. But if you voluntarily leave, you do not. I'm not at work to check the exact phrasing though.

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Post ID: @1zux+1bgHgG18

Exactly so.

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Post ID: @1osm+1bgHgG18

So if your store is closing and Follett drags their feet with the payout, you are out of luck?

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Post ID: @1sgd+1bgHgG18

Q4 bonuses haven't even been calculated yet, nevermind actually getting paid. My theory is that they're going to wait as long as possible to avoid a mass exodus of SMs right before fall rush. I know of a couple who are waiting to get their bonuses before quitting. I'm sure many others are in that same boat.

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Post ID: @1klc+1bgHgG18

In the last communication they sent out about bonuses, back in May, there was a link with FAQ. In that link, no date was provided as to when those eligible for bonuses will be paid out. It only said that they will be paid out when the board approves it and that you still need to be employed with Follett in order to receive it.

Which means we will probably not be receiving our bonuses during the traditional June date.

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Post ID: @1wjs+1bgHgG18

We used to GET bonus in mid-June. Is this going to be the new norm?

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Post ID: @1hbm+1bgHgG18

Someone is fishing!

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Post ID: @1nlm+1bgHgG18

You funny guy.

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Post ID: @1cmm+1bgHgG18

Where was June 9th ever mentioned as the date? I don't ever recall seeing a set date for this.

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Post ID: @yge+1bgHgG18

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