Thread regarding U.S. Bank layoffs

No bonus if I give notice before the bonus is paid out?

Anyone know? Wouldn’t put it past the leeches in HR to pull something like that….honestly I would be fine giving no notice and just walking out if that’s the case

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| 2451 views | | 15 replies (last January 27, 2022) | Reply
Post ID: @OP+1eL41ZSD

15 replies (most recent on top)

It’s another way that the bank screws over it’s employees. First they pushed out the bonus payout date last year. Not to give people their bonuses if they’re not working at the time of payout is a joke! The bonus is based on your employment for 2021 not this year. Give people what they worked for! But what can you expect from a company that has shown more and more that they do not care about their employees……..

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Post ID: @fswf+1eL41ZSD

Most people wait on seeing the bonus in their bank account and then put in your notice. Annual event here. Sad for those left behind. The extra work will be divided up amongst the people left behind.

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Post ID: @ebzj+1eL41ZSD

The official answer: Must be still employed by Feb 25th to receive the bonus. If leave anytime before, they can pull it back or demand it back.

Do not give any notice before the 25th. They can terminate you (and they have as many will testify) the day you submit a notice, especially if you reveal your new gig is working for a competitor.

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Post ID: @dozq+1eL41ZSD

I think that your manager can override your not getting your bonus. I know of someone who left the bank prior to payout and their manager pulled some strings for them to get their bonus on their last paycheck in February. Bonus info gets put into workday earlier than we think.

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Post ID: @daiz+1eL41ZSD

You will receive bonus if still actively employed on bonus deposit date, regardless of 2 week notice.

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Post ID: @9wky+1eL41ZSD

Pretty sure you’re supposed to get bonus if you gave notice but are still employed at bonus date as far as I know. However I wouldn’t put it past HR to stiff you.

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Post ID: @1izh+1eL41ZSD

No bonus. You have to be actively employed on the day it’s paid out to receive it. If you give notice you won’t get anything.

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Post ID: @1fey+1eL41ZSD

Anyone from HR that can verify? You are technically an employee during the notice period, right? Shouldn’t that qualify you for the bonus?

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Post ID: @lld+1eL41ZSD

Got to be a special piece of work to even think of leaving or giving notice before that bonus hit direct deposit

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Post ID: @nld+1eL41ZSD

Congratulations on the new job or retirement! You will never miss this $hit show.

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Post ID: @ivl+1eL41ZSD

HR is sc-m. Don’t give notice otherwise anything (bonus, 401k, HSA match) will be taken away

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Post ID: @ogs+1eL41ZSD

If you give notice prior to the Wednesday before the payday (the day your paycheck shows in Workday) they will pull it back, even if already communicated. Any notice prior to that paycheck hitting your account and you will likely not receive it. They have every right to withhold it.

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Post ID: @zoo+1eL41ZSD

What if you’re an employee at bonus time but you already gave your notice though. Would you still get it?

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Post ID: @cpv+1eL41ZSD

Happened to a friend of mine. His manager did not even make him aware of, if he left prior to the bonus payout date he would not be eligible. A horrible thing to do to an employee.

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Post ID: @uzv+1eL41ZSD

Every place I know of does the same. If you are not an employee on the day the bonus pays out, then you are not eligible to receive the bonus. The bonus is for employees.

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Post ID: @wqx+1eL41ZSD

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