Am I still entitled to get my bonus if I resign?
I am a CAD technician and have worked for my company for 3 years. I have decided to change careers as I have been doing this job for 20 odd years and have had enough. I have accepted a job as a senior Youth Worker (I have always dreamed of doing this), but as I am here on a work permit I haven't handed my notice in yet because I haven't got my new permit yet. I had my appraisal today and felt really bad as I got a raise and a bonus (which is paid out at the end of November), but I cannot say anything yet as I don't know if I will get a new permit. If the permit does come through then I will stay here until the end of november. I really need the bonus but am not sure if they have to give it to me after I have resigned. It is down in writing as we are given a report following out appraisals. So can they take the bonus back or do they have to give it to me?
Asked By: Kim L - 10/10/2006
Best Answer - Chosen by Asker
You are entitled to your bonus. Don't feel bad about it. The company probably has a written policy as to how many days you have to work to get your bonus, which determines the cut off date to receive bonus. You will need to give them two weeks notice (unless you want to get them mad at you). If the bonus is paid at the... More
Answered By: spot - 10/10/2006
Additional Answers (15)
Answered By: Professor Science - 10/10/2006
No which is why everyone quits after they get their bonus
Answered By: Gunther - 10/10/2006
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Answered By: john s - 10/10/2006
I know when I worked at the bank we received a Christmas bonus every year, but you had to work through a certain date; I believe it was November 20th to receive your bonus for that year; same for our contribution to our retirement account. Check your employee policy it should state if there is a certain date you must... More
Answered By: Wendy Jean - 10/10/2006
More than likely would have to be working at the job to get the bonus, based on past performance but not entitled to it unless you are an employee.........
Answered By: Tom B - 10/10/2006
If your new work permit comes through - it then depends on how much notice you are obliged to give to your present employer to terminate your contract. It sounds, from what you are saying that your present employment is salaried and therefore paid monthly. That beingthe case, since your work permit has not yet been... More
Answered By: MEPHISTOPHELES - 10/10/2006
The terms of the bonus scheme should detail this, for example there may be a clause saying that bonuses will only be paid to those who are still employees and have not given notice on the date of payment. It may be more lenient than that, but as an employer would you want to pay extra to people who are leaving? You... More
Answered By: Sangmo - 10/10/2006
Until it is actually paid in to your account they can take it back! If you can hold out resigning until you've been paid it then do that otherwise I am pretty sure you will not get it! Although you will have a job with better satisfaction that you enjoy more and thats got to be worth more than any one off bonus?
Answered By: Georgie Girl - 10/10/2006
Be careful some companies are a bit funny about it i know people that have quit just before bonus was due and got nothing, rather wait until you have got the bonus and then resign
Answered By: Neil D - 10/10/2006
No afraid not
Answered By: ME - 10/10/2006
You need to check you contract, there maybe a clause in it regarding this. If not probably at the firms descretion whether you get it or not.
Answered By: minnie2500 - 10/10/2006
I would certainly keep my mouth shut, until after the bonus...Most companies will not give you that bonus, unless they think you are staying with them...If you have written confirmation of this bonus, then you should get it...But all companies do break rules at times...Talk with a lawyer, and see what he comes up with... More
Answered By: jjthinstrips - 10/10/2006
Find out from Human resources before you resign. I thought I was entitled to some sick days I never took, and wasn't...
Answered By: Wanda - 10/10/2006
Stay with this job... More
Answered By: PDK - 10/10/2006
if you resign before the date give out bonus, i do not think you will get your bonus
Answered By: xzhou11377 - 10/10/2006
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