I am employee of Wells Fargo - US. I believed the yearly bonus of the company depends on the company’s performance. My performance rating - needs improvement and i didn’t get any bonus, is that correct?

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Yes this year they have not given

Bonus is based on company performance as well as employee's performance. I would believe each employee should be eligible for some bonus irrespective of whether they got a 'Needs Improvement' or an 'Exceeds'. Have you checked with your other US colleagues about how has been their bonus payout?

I know they received their bonus. But I do not know their ratings.

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