{ "media_type": "text", "post_content": "On the bench and got another job offer. If I give notice on Aug 22, will they let me stay for sept 2 bonus? Or do I need to wait til sept 2 to give notice?", "post_id": "57a8d5c08f16ad0e00a89cdc", "reply_count": 22, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

On the bench and got another job offer. If I give notice on Aug 22, will they let me stay for sept 2 bonus? Or do I need to wait til sept 2 to give notice?

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

I would wait until the money is in your bank account. Trust no one.

like

If you owned Deloitte as a Partner, would you let a staffer stick around to earn more cash out of your pocket? No. Listen to D1 above. They will pull the carpet out so fast. STAY til it hits your checking account.

like

No. No no no. They won't give you a bonus of you're not still employed. It is, in part, why they wait so long to pay bonuses (plus they keep making money on the interest while they sit on it)

like

If it's you're dream job, then I think you'll get over the fact that you won't get your bonus

like

How ethical are you? If you are on the bench, stay on the bench and start your new job. If anyone approaches you for a project op, say no. Enter your time GAA/ORT and then quit immediately after you get the bonus. Two week notice is just a courtesy to help with any transition, and you don't need any transition from the beach. We can terminate at any time, especially if you are in a right to work state. 1) RM won't care as long as your utilization is around 90-95% 2) Counselor won't care if you don't talk often 3) no one else at the firm gives a shit about you being on the beach. The only people who know what you'd be doing are on this thread.

like

New job is in a new field and doesn't give signing bonus. When I leave D, I'll have to pay back half my signing bonus so not getting the YE bonus along with that would suck.

like

10k signing bonus and pretty sure my YE bonus is going to be 1k

like

How long until you don't have to repay signing bonus?

like

What if that staffer is joining a client?

like

Half of your YE bonus should cover what you need to pay back/half your signing bonus? Either you're getting a really high YE bonus or you didn't get a great signing bonus.

like

Why do you need to give notice on Aug 22? If you're on the bench, no need to give 2 weeks. Stay and get your bonus.

like

You will get your bonus. You earned that LAST year.

like

Sept 2 is a firm holiday. You only need to stay through Sept 1

like

Nov but the new job can't wait that long and it's like my dream job so don't want to risk it with something else. Half of my YE bonus should cover what I need to repay to D.

It depends on how valuable you are and how much they like / trust you. Doubt the firm will screw you, but you never know. I've found that honesty and kindness generally work well

D4 - i don't know what you consider a high signing bonus lol but my singing bonus was just about the same amount as what I'm expecting as YE bonus so it works out.

D5 - I am prepared to let it go, but of course I'm going to try and get it if possible. Like a lot of others on this app, I worked really hard to get my rating/promotion for last year and a lot of long nights, so missing it for a matter of 2 weeks would def be sad but not the end of the world.

No. Old firm isn't going to let you hang out to pay out bonus. Recommend you negotiate as part of sign on w newco.

I guarantee you won't get your bonus if you leave before Sept 2nd and you'll definitely have to pay back your signing bonus. You should run it by your new company and ask them to make you whole, or wait 4 weeks...

Tell the new company you can't leave before until after 9/2 or whatever date due to [insert excuse here].

Related Posts

Anyone here who has qualified Wings 1- milestone 1? Is it worth the effort?

Appeared for a core track. The content and examination are time consuming!!! and requires lots of effort, where we need to study after work hrs/ weekends, if u are in a busy project!
Anyone here / ur colleagues who got any revision in compensation after qualifying the same?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

For account settings, visit Fishbowl on Desktop Browser or

General

Legal