Does anyone know if you quit whether you get paid out your STIP, say if it’s after Jan 1? Or do you need to be employed at the time of the money being deposited?
13 replies (most recent on top)
In box: direct deposit
Then
Out box: Two week notice
When I left in 2019 it was you had to work one day in the new year.. physically be at work. So I left Jan 2 2019 and got my STIP.
What will the annual raise be April 2023 hopefully 3-4%
any comments since moral is very very low!!
Hello, the answer is on ELink, you must be there at time of payout.
So the IP/AP guy isn’t wrong. If you really are top talent you can get retention bonuses, they are essentially discretionary RSUs that your director has to sign off on. But that would be it and I don’t care what that I-D-I-O-T says a whole department isn’t getting it. Anybody CAN get them but they will have to impress a lot of people. Lastly every department still runs on a bell curve as far as placement goes. If there are 10 people representing IPLE or AP or whatever department you’ll get maybe 2 high performers and that’s it…the rest get successful and that’s it. And if this guy was a high performer every year and actually worth that much he’d be at minimum a manager and shouldn’t be wasting his time on this board.
I think that's why they get all those extra bonuses and retention compensation, to mitigate against poaching by other companies. No doubt there are always attempts to attract talent which is why retention policies exist for specific groups like IP/AP and the likes.
It's a troll
If IP / AP employees are as good as they modestly say they are, why are they still at ENB? Surely such (self-proclaimed) great talent would have been poached from the company a long long time ago unless...
Just suck up until Dec 15-20 when they enter the performance mark , then coast for 60 days until Feb 28, then say goodbye.
It is wrong to for someone to work 2 months beyond there due date for performance reward,
Cynthia at her best!! such Beee! Carma coming!!!
Anyway enbridge is not the rule of law
Legal challenge should win if you have to quit/leave after Jan 1.
If your up to it.
STIP is just one of the many bonuses we get in Infrastructure Planning. At first I wondered why you ask about this one small bonus only, instead of the monthly retention bonus, monthly performance bonus, and quarterly bonus for exceptional performance and so on and so forth. Then I realize those are exclusive special incentives intended retain the brightest and best performers who are concentrated in Infrastructure Planning, and the rest of the company just get the basic STIP.
Same goes if you leave the union and there is back pay. If your not a member of the union in the ratification date, you forfeit all back pay.
In the US you’ve always had to be employed at the time of deposit. I have heard that they switched to that in Canada as well in the last few years but I don’t know that for a fact
You have to stay through payout. It used to be different in Canada, but changed sometime post-merger.