Thread regarding U.S. Bank layoffs

Prorated bonus after voluntarily exit

Do we get any prorated bonus if we leave in the middle of the year?


by
| 2131 views | | 8 replies (last September 3) | Reply
Post ID: @OP+1k3ksg0bz

8 replies (most recent on top)

No

by
| | Reply
Post ID: @1e9+1k3ksg0bz

If you choose to leave, you forfeit any bonus money.

If they choose to lay you off, they usually will pay you a prorated bonus.

If you walk into GK's office, drop your drawers, and take a dump on her desk, then you will be fired for cause and you will not get a bonus. You will become a legend for decades to come, but you will not get a bonus.

by
| | Reply
Post ID: @1e7+1k3ksg0bz

@dr yes part of layoff late last year.

by
| | Reply
Post ID: @e9+1k3ksg0bz

@b4 did you get laid off ?

by
| | Reply
Post ID: @dr+1k3ksg0bz

I got mine. Prorated 10 months. Paid out in separate paycheck from severance payment.

by
| | Reply
Post ID: @b4+1k3ksg0bz

Voluntary termination - no

Involuntary termination by getting fired- no

Involuntary termination by layoff - yes

Involuntary termination by layoff but you are offered the same job at a contractor company - no

by
| | Reply
Post ID: @a3+1k3ksg0bz

@OP No. Bonus is only prorated as part of a severance package but not if your separation is voluntary. This is something I would try to negotiate as part of signing bonus or comp structure with your new employer.

by
| | Reply
Post ID: @a2+1k3ksg0bz

No, you have to be employed on whatever date the cut off is in February.

by
| | Reply
Post ID: @a1+1k3ksg0bz

Post a reply

: