Thread regarding DST Systems layoffs

Does anyone know if you get your bonus for half the year if you are laid off?

Anyone know?

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| 1431 views | | 5 replies (last June 23, 2018) | Reply
Post ID: @OP+TOK1J0O

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DST bonuses ended in April when the SS&C sale went through. You should have received a letter telling you your prorated bonus amount through that date. The bonus will be paid in 2019 or when you are involuntarily separated if that happens before the planned payout date.

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Post ID: @tkn+TOK1J0O

Have to be employed by the company on the date they pay out the prorated bonus. It was very clear in a memo we received. I believe the pay out is April 2019.

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Post ID: @fep+TOK1J0O

Yes you do.

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Post ID: @czc+TOK1J0O

Former BFDS employees who were laid off in 2017 (after DST acquired BFDS) got a pro-rated bonus payment through the last day they worked. I got a bonus statement from my manager that shows my pro-rated bonus amount through the 4/16/18 SS&C acquisition date. I assume that we’d, at least, be paid that amount. Has anyone been informed that they will or will not be bonus eligible at SS&C yet? I have a feeling all you’d get is the prorated amount through 4/16.

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Post ID: @hgt+TOK1J0O

Pretty sure yes. At least up until April.

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Post ID: @amp+TOK1J0O

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