Does anyone know for certain whether Merck and BMS requires employees to be employed at the time of the annual bonus payout to receive it, or just through the end of the performance year? Trying to find policies for both companies.

Merck
Bristol Myers Squibb

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As I understand reading the policy, you are eligible for the bonus if you are employed Jan 1 the year it pays out, I.e., the performance year. I’m not in HR, so you could interpret it differently. I’d hope an HR person here could help.

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Same at BMS

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Almost guaranteed yes.

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As long as you are employed through December 31, you will receive a bonus in March (if you qualified through good performance for the previous year) regardless if you’re still with BMS in March.

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Thank you for responding. The question was meant to distinguish which of the two policies each organization follows. “Almost guaranteed yes” isn’t entirely clear — I’m hoping to find confirmation of each company’s official annual bonus payout policy.

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