{ "media_type": "text", "post_content": "I collected my CPA bonus in March of 2020. If I get laid off (or coached out) before March 2021 will have to return the bonus?", "post_id": "5f6cbd107933b3002a1cf2f8", "reply_count": 7, "vote_count": 1, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

I collected my CPA bonus in March of 2020. If I get laid off (or coached out) before March 2021 will have to return the bonus?

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Most likely since it’s 1 year clawback, correct? Although, with involuntary separation due to layoffs they may forego the collection or perhaps your 4 week + number of years service severance will cover the time frame.

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This would seem pretty cruel, I doubt you’d have to pay back

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Pretty sure you would only have to pay it back if you voluntarily left.

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I heard with involuntary separation you don’t need to, at least at PwC. I heard this from a colleague who experienced it a few years back.

Call 911

Well being coached out is technically a voluntary termination so I could see you having to pay it back in that case. The firm pushes you to leave and helps you find an opportunity but you’re technically resigning. Otherwise I don’t think you have to for involuntary separations.

Pwc is no, unsure of KPMG. Given the rumor of more layoffs coming after 10-15 we will see!

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Mother Tongue/cast: Banjara
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