{ "media_type": "text", "post_content": "So I’m currently in an industry job and have a new consulting gig lined up to start mid-March. I just received my bonus letter which will be paid out in full at the end of February. I know the general rule is “wait until the $ hits your account to give notice,” but if I do, I won’t be able to give a full two weeks before I have to leave. Is there really a risk in giving notice to my current company before the bonus money is officially in my account?", "post_id": "620a930db7d2060037e39965", "reply_count": 24, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

So I’m currently in an industry job and have a new consulting gig lined up to start mid-March. I just received my bonus letter which will be paid out in full at the end of February. I know the general rule is “wait until the $ hits your account to give notice,” but if I do, I won’t be able to give a full two weeks before I have to leave. Is there really a risk in giving notice to my current company before the bonus money is officially in my account?

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Yes.

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They won’t give it to you. You need to give a short notice period

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Put in your notice the day the bonus hits your account. That simple. You will not get paid that bonus. As someone who missed out on 50k commission when I moved into consulting, don’t be that guy.

likesmart

Why even take the risk? Look out for yourself.

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No matter how small you think the chance is of not getting the bonus, we can all agree it is more than 0%.

That additional risk of getting screwed is not worth it.

It will probably be more straight forward to contact HR at the new employer and say you are getting your bonus paid out and ask to push back the start date.

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Why do you need to give a 2 week notice? An employer would give you a two minute notice if you were getting axed. Just take the money and bounce.

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Not sure why OP thinks everyone else is wrong here. There is a very real possibility it won’t pay out if you give notice first.

In the future make sure to let prospective employers know you have an expected bonus pay out on a certain date.

likefunny

Pushing out your start date is less of a headache than missing your bonus and it’s way easier to advocate for yourself in a situation where feelings about you are positive (new employer) than negative (old employer that you just told you’re quitting).

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If you’re worried about burning bridges by giving slightly less than two weeks’ notice so that you can collect the bonus first - don’t be. Any reasonable colleague should understand why you waited until the money hit your account. As long as you do your best to prepare things so that it’s easy to transition your work to others, you should be fine. And that’s assuming, as others have mentioned, that you can’t push back the start date another week, which shouldn’t be a big deal for the new company.

likehelpful

Hope you arent going to Deloitte. If you are, turn that consulting gig down and look for other roles.

funny

Because D is 🗑🗑🗑

funny

Again, I have it in writing that “X amount will be paid to you on 2/28.” If I give notice a week before that happens, is there actually a possibility they don’t give it to me?

Just push your start date back.

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Can you see if your consulting gig will push back your start date? Otherwise you will just have to give short notice.

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