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You accepted the terms of the bonus when you accepted the cash. The condition was you’d have to repay if you left the firm within a period of time. It’s your obligation and responsibility to repay it.
Alumni? You’re not an alumni if you didn’t even meet the base hiring criteria. Change out the word “alumni” with “pathetic, integrity lacking dick” and the accuracy of this thread will go way up.
I am a manager with EY and I had someone do this to me/EY. Our legal department told me that this is our policy.
Sure, it doesn’t really take that much effort for them.
Cpa bonus?
We don’t send to collections. You can get away with it but that doesn’t make it right.
How is this fraud? I’m not stealing from anyone.... are all the people that defaulted on their mortgages or auto loans also frauds? Glad to see there are so many of you with superior moral compasses on FB.
EY 8, I won’t go into specifics due to confidentiality
Again, EY does NOT send these things to collections. But to answer your question, a judgment is most definitely not needed to use a collection agency!!
What’s the promotion bonus clawback now? One year?
No, it’s more of a PR issue. Not worth the risk.
omg, how did this guy get hired in the first place?
KPMG1 I’m sure you can imagine some breathless news story about how big bad firm is going after a guy whose house is about to be foreclosed upon. The average Joe doesn’t appreciate a ‘clawback’ and why we have one!
EY 4, how have you come to the knowledge that the firm does not pursue collection? I’m not sure I’d be counting on that.
Lol the little guy that is trying to put food on the table and steal money that’s not earned by him
EY9 - How dare you? How the F am I making EY look bad?? I am telling OP to repay it. I am advising what the PR risk is to the firm as the firm defined it.
Sadly, the nuances you explain (and up to debate as OP never stated his new employer is paying it) are not the issue. Further, I never commented that I agree with not pursuing. Please check your facts before launching ad hominem attacks!
PWC4 -
Come take my role at EY and then question my knowledge .
EY 4, I am not being ugly with you. I am directly and literally asking you what it is that you do that endows you with this knowledge, since you are so insistent. Without providing any sort of information about how you came to this knowledge, which you have repeated multiple times on this thread, my caution to OP (who I think is scum) is to not trust your advice. The worst advice I’ve ever taken in my life was a unqualified “trust me.” I would never suggest a person do that. You are not presenting yourself well, so since you’re not the thief why don’t you take a step back and answer what was an earnest and straightforward question: how do you know that the firm would not pursue the amount owed?
They don’t prorate by the way
Why do I have colleagues like that?
This convo got pretty ugly
No