I quit my job at year end. Bonuses are paid out at year end for the prior year worked. It is not explicitly stated in the contract we get bonuses but it is implicitly implied (received every year, set metrics, generally expected by staff). Four of us quit. I found out recently one of the four did get a bonus well three of us were denied one due to “quitting”. This is a decent chunk of money. 8-10k. Any suggestions on dealing with this? It’s a bit of a tricky situation.

like
Posting as :
works at
You are currently posting as works at

Likely SOL

like

Usually the policies have a date by which you must be employed to be eligible for bonus. Beyond that, bonuses are discretionary not guaranteed. Discretionary based on your and company performance. The one who did get the bonus, what was diff about their employment situation? Hard to say what happened here but you can check with an employment attorney

like

Thank you!

As others have said, unless you are an employee as of the date the bonuses were paid out (ie went into your bank account) I wouldn’t expect the bonus

Hell, even if I gave my 2 weeks notice where I’d technically be an employee on the bonus pay out date, I would expect to not get that bonus

like

My guess, HR just missed that person by accident, incompetence or weird timing of things.

If it’s not explicitly written then you just don’t get one- you’re not entitled to it

like

I just love the OP's phrase, "implicitly implied."

like

I doubt there’s any legal basis. It’s very rare to have a comp arrangement that doesn’t require you to be employed as of the distribution date. If it’s a completely discretionary plan, what someone else receives is not relevant

How would an audit associate get 10k bonus?

like

Because I’m not an audit associate. Profile was not updated at the time of posting.

If they never told you that you were to receive a bonus (the exact $ amount), you're likely not entitled to anything.

That bonus is sitting in the partners pocket right now, fat chance you will get it now. That’s why you leave right after the bonus hits your bank account

Yeah while it may not say this, it is pretty common knowledge that you need to be employed with the firm at the time of payout in order to receive your bonus. Trust me, I have played this game many times, including at two Big 4’s, and even an HR person told me not to give my notice until I received my bonus. Same for in house roles.

Related Posts

What is the role of a SSE at intuit? Do they perform the role of a leader in a team?

Any HR people on here? Setttle a bet for me: do you get to see the answers to the EEO disability question at the end of job applications?

like

Morgan Stanley I'm considering an opportunity in compliance at MS. Wondering if anyone has pointers on comp/bonus/benefits to expect at VP level in New York. Are compliance eligible for stock comp?

like

I have a big interview in a few days and the WiFi in my apartment as been shaky at best - does anyone have any good coworking and private office space suggestions that offer a day / hourly pass? All I need is reliable wifi and an enclosed room!

like

Does anyone have any advice for applying to remote positions? How do I stand out? Most of my experience is in healthcare, clinical and administrative. I want to go to school full time instead of part time and working remotely will provide a better opportunity to facilitate that. I’m applying everywhere with very few callbacks. I’m trying to get into tech as my degree is in Information Systems. Any advice would help!

like

I recently joined Capgemini by this friday it will be one month. I didn't receive any laptop dispatch mail or anything till now . I filled a survey form on joining fay for laptop dispatch after that nothing was updated about again.

Will we get the laptop dispatched mail if the laptop is dispatched??

Also yesterday I got a mail to attend office physically for all bench personnel. I rarely even completed 3 days in Capgemini.While joining recruiter said that atleast there will be 3 months time.

like

Hey Guys,
I need a referral for a job opening at
BNY Mellon .
Please let me know if anyone is open to referral

Is there a tool I can use to record and transcribe meeting/calls (google meet, zoom, teams)?

like

Hi all, is there anyone here with development finance / infrastructure investment experience? Looking to get a 30 min informational interview if you can spare the time this week or next.

like

Tired of - pushing initiatives that go nowhere, pushing clients that don't budge, pushing ideas that never seem like enough

like

I have 2 years and 3 months of experience in PLSQL and Python. Looking for some referal at Accenture if any openings are there

like

Can someone please refer me for mastercard Pune. Skill performance testing engineering

Any F fish down to grab a coffee over the weekend? 30 M here in midtown.

like

Any idea on expected bonus /Hikes

like

What are the employee Benefits In Dxc ?

like

Odds Deloitte has more layoffs?

like

What’s more important: cashflow or net worth and why?

like

Can someone provide a referral for the privacy program manager role at Meta?

like

I'm looking to start my own practice. My experience is in corporate work. How can I develop that type of business? I'm really unaware on how to get small to mid size businesses. Do build a website? What about keeping the lights on in the meantime should I take some criminal cases?

like
like

Additional Posts in Compensation, Salary and Bonus

Difference in comp between equity and non-equity partner at a mid-size PA firm?

like

Hello. First time posting on here. I have been in a graduate trainee role in the last three years in London and two papers away from becoming chartered. My training programme is coming to an end and I am currently netting £31k. I am been offered a business controller role and I am not sure what the salary range I should peach for. Appreciate your contributions

like

Typical raise for senior 2 in mid size PA firm? NJ area

like

Question for partners/leaders who make decisions on salary. What do you think of those who have been at the company a long time and are high performers but make significantly less than experienced new hires at the same level? Do you have less respect for them for not being able to negotiate more money?

like

I just received an offer that’s $6,000 short of what I want to be making as well no signing bonus. Is this something I should even bring up to HR? If so how can I do that without ruining my chances at this job.

like

I've been looking for salaries for various position with Big 4 assurance, but information is all over the place.
So after some research here, reddit, goingconcern, glassdoor, etc. I've put this info together:

!! The salary grid below is for Big 4 Audit, HCOL (NYC,SF), gross amounts without bonus !!

Of course they can be higher or lower by a few k's on each position depending on impact tier, but I tried to look for average amounts.
If you have information please post it so we can update.

Post Photo
like

If you’re in MCOL (primarily SWFL), what does your salary currently look like as an M2? If you can segregate between base salary and other compensation, that would be great. Thank you!

like

Does anyone know what A2s make in SF? Trying to see if it’s worth a move. Thanks in advance.

What do you guys think Michael Scott’s salary/total comp was at Dunder Mifflin?

likefunny

KPMGers, Looking to get some comp numbers on Managing Director in the Consulting practice. Anyone mind posting practice and comp range?

like

whats the starting salary for risk at Deloitte in Philadelphia?

Anyone know how much first year associate in DRS (digital risk solutions) pwc get?

like

Salary check; going into S2 year, CPA, MCOL city, IT audit @ 95k. Is this low?? High?? Still haven’t gotten word on my bonus for the year.

like

As a first year Tax Staff, what percentage of increase in my salary can I see ? From Tax 1 to Tax 2?

like

Hi, I am an independent contractor for PwC Canada (Toronto) who started in 2021. I am still in my contract period, but if I were to be given an opportunity to be a full-time employee after my contract, I was wondering what the salary range is for an Associate in IFS (Internal Firm Services)? I have 5 years of experience in Administration and 4 years in Internal Audit, Risk and Compliance functions. If you could please advise of the range so I can ballpark in future negotiations. Thank you!

like

Hey - any insight on salary base at EY for a manager 4 in FAAS in MCOL city (east coast)? Richmond, Philadelphia, DC (although prob more expensive than the other two).

Also, are manager 4 and 5s normal in FAAS?

Thanks in advance!

like
like

How do salary brackets work? Like low, mid point, and high point of a ‘ pay band’? When you start a new job/salary band is the expectation you’ll start at the low end? I think I have been at the low end my entire career and now that I’m in a new role they kept me there because they didn’t think I would need more to be happy. I can see the salary ranges now for the first time and didn’t have access in prior roles and now I’m feeling pissed.

like

Question for Clifton Larson: what’s the salary for a first year tax associate?

uplifting

Salary for Internal Audit Senior Manager/VP salary HCOL/12YOE/Finance firm?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal