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Sounds similar to employers who pay contracted bonuses late, don't pay if you quit before the bonus date, and use bonuses to make up for reduced salaries.
by nitrogen 9y ago
Sounds similar to employers who pay contracted bonuses late, don't pay if you quit before the bonus date, and use bonuses to make up for reduced salaries.
- jackgolding 9y agoThis is really annoying for me, how can I work for a full financial year (and get my shares allocated), receive my performance review but not get a bonus because I quit before October where they pay the bonuses on the last FY?
- technofiend 9y agoHence the wave of resignations the week of bonus payouts. People play the game and wait to get paid, knowing if they prematurely signal their departure, the company will reallocate money to those who choose to stay. I'm not saying it's right but it happens.
- jackgolding 9y agoAnd then you only get half a bonus at your new role if you are lucky (my last job I joined 3 days too late to be eligible)