I'd like to know if people get laid off say 2 weeks before bonuses are given out. Are those employees entitled to those bonuses as they were earned in 2015?
10 replies (most recent on top)
They won't give anything like any other years! Loser Company
Screw you Jack and the other guy!
Are you people for real? Worried about raises and bonuses? STFU. You are lucky to still be employed and you prove they let all the competent employees go and kept the f'n idiots.
How this for executive severance?? From the 10k just filed...
SALARY CONTINUATION PAYMENTS
Following Termination, provided that the Covered Executive complies with the Waiver and Release requirement of Section 10, hereof, as well as other conditions of this Program, the Covered Executive will receive the following payments as defined below:
Tier 1 Executives – Covered Executive will receive salary continuation payments for a period of twelve (12) months. No later than the second pay cycle following receipt of such payments for said (12) twelve-month salary continuation period, the Covered Executive will receive a one-time payment equivalent to his/her base salary as of the date of Termination.
Tier 2 Executives - Covered Executive will receive salary continuation payments for a period of twelve (12) months. No later than the second pay cycle following receipt of such payments for said (12) twelve-month salary continuation period, the Covered Executive will receive a one-time lump payment equivalent to 50% of his/her base salary as of the date of Termination.
Tier 3 Executives - Covered Executive will receive salary continuation payments for a period of twelve (12) months.
Good luck with HR there to busy eating donuts and drinking soda pop. Hope they don't get laid off. Good luck!
Ask Doug and Rob
I wouldn't believe that bullshit!
I hope you and I are both eligible for Our bonuses from 2015 but knowing Cameron and their profit margin your f---ed. Cameron doesn't care before anyone but I bet VP Ron gets a big bonus. Cameron sucks
Yes, you get a 2015 bonus and a pro-rated 2016 bonus, if they are given. I should know, got laid off on Friday.
Yes. Bonuses are Prorated. All companies do UHD same.
ask HR...