Annual Bonus

[bluefrog]

My current employer pays the annual bonuses on the 15th.

I've taken a new job that starts on February 25th.

I'll almost certainly loose the bonus if I give a proper two weeks notice (2/11).

Do I wait until I get the bonus and give less than 2 weeks notice or give the proper notice and risk leaving money on the table?

 

[SlyPokerDog]

Get the bonus, then give 2 weeks notice, then call in sick the entire 2nd week.

 

[HailBlazers]

2 weeks notice if you want them as a reference

 

[bluefrog]

Get the bonus, then give 2 weeks notice, then call in sick the entire 2nd week.

This is possibly worse than giving a one week notice. You get points for creativity though.

 

[BLAZINGGIANTS]

2 weeks notice if you want them as a reference

Since he's already taken the new job, I don't think he needs them as a reference.

I say, the bonus was based on last year's performance, so you've already earned it. Take the bonus and then give your notice, even if it's only 1 week's notice. Do you have any sick/vacation time saved up? If so, forfeiting that kinda makes it a fair trade.

 

[SlyPokerDog]

This is possibly worse than giving a one week notice. You get points for creativity though.

Before you call in sick make sure you teach someone to run your french fry station.

 

[BLAZER PROPHET]

Before you call in sick make sure you teach someone to run your french fry station.

hahahahahaha!!!

 

[BlazerWookee]

How big is the bonus? How much do you care what your soon-to-be former employer thinks of you? How much do you care about personal integrity? What will your soon-to-be employer think if they hear about it?

My advice: Honesty is always the best policy. Unless it's funnier to lie.

 

[EL PRESIDENTE]

My current employer pays the annual bonuses on the 15th.

I've taken a new job that starts on February 25th.

I'll almost certainly loose the bonus if I give a proper two weeks notice (2/11).

Do I wait until I get the bonus and give less than 2 weeks notice or give the proper notice and risk leaving money on the table?

Negotiate with your new job and say that you are obligated to stay an extra week (or need to finish up an important project...it'll show that you're loyal) and if you can push back your start date a week.

 

[Eastoff]

Negotiate with your new job and say that you are obligated to stay an extra week (or need to finish up an important project...it'll show that you're loyal) and if you can push back your start date a week.

I think I've fallen into Bizzaro universe. This is the most insightful thing El Pres has ever said.

 

[EL PRESIDENTE]

I think I've fallen into Bizzaro universe. This is the most insightful thing El Pres has ever said.

Well its raining in LA today

{Poasted via palm pilot}

 

[Eastoff]

Well its raining in LA today

{Poasted via palm pilot}

and Portland is sunny. I hope the rain stays long enough for the Blazers to visit the Flop City

 

[Mediocre Man]

Not sure the situation you are in, but I would have negotiated with my new employer to give me more money if I lost my bonus. Maybe give it to you over time or whatever.

Integrity is what you do and how you act when no one is looking. At this point, give the two weeks and hope your soon to be former company feels the same

 

[THE HCP]

What do they give you..... a % of tacos sold?

 

[blazerboy30]

How can anybody answer this question without knowing the size of the bonus?

 

[SlyPokerDog]

How can anybody answer this question without knowing the size of the bonus?

Is it bigger than a baby's arm?

 

[Eastoff]

Is it bigger than a baby's arm?

It fits in your mom's breadbox.

 

[BLAZINGGIANTS]

How can anybody answer this question without knowing the size of the bonus?

I didn't want to ask the question because it's not my business.

But to me, since I think he is entitled to the bonus, he should wait to give notice until after receiving the bonus (since it's past on already-performed duties), the size of the bonus becomes irrelevant.

 

[BLAZINGGIANTS]

It fits in your mom's breadbox.

Dude, we don't joke about Sly's mom. Sensitive subject.

(He doesn't have one. He's a test tube baby.)

 

[BlazerWookee]

It fits in your mom's breadbox.

So does a Bill Walton Bobblehead.

 

[blazerboy30]

I didn't want to ask the question because it's not my business.

But to me, since I think he is entitled to the bonus, he should wait to give notice until after receiving the bonus (since it's past on already-performed duties), the size of the bonus becomes irrelevant.

If the bonus is a subscription to the Jelly of the Month Club, then there is no reason to cause an issue over it whether he's entitled or not.

As far as I know, a bonus is a bonus because there is no entitlement to it or guarantee that it will be paid.

 

[BlazerCaravan]

So does a Bill Walton Bobblehead.

But oddly, not a Kelvin Cato bobblehead.

 

[BLAZINGGIANTS]

If the bonus is a subscription to the Jelly of the Month Club, then there is no reason to cause an issue over it whether he's entitled or not.

As far as I know, a bonus is a bonus because there is no entitlement to it or guarantee that it will be paid.

Yeah, I really don't think we're talking objects, here. I'm pretty sure the original poster would have clarified. But that's moot.

And yes, a bonus is a bonus is a bonus. I wasn't talking about guarantees. You're diving into semantics and making this far more complex than it is. Based on the original post and responses, it's safe to say a bonus IS BEING GRANTED. So, we're assuming it's being granted and it's guaranteed to be paid now. We're also assuming it's cash.

So, that being said..... Yes, if an annual bonus is being paid, it's most likely a performance-based bonus for 2012 performance. If bluefrog is going to be granted a bonus based on 2012 performance, he certainly is entitled to it. If he gives notice before receiving the bonus, it's very likely that the boss will say, "Too bad, so sad, no bonus for you."

 

[blazerboy30]

Yeah, I really don't think we're talking objects, here. I'm pretty sure the original poster would have clarified. But that's moot.

And yes, a bonus is a bonus is a bonus. I wasn't talking about guarantees. You're diving into semantics and making this far more complex than it is. Based on the original post and responses, it's safe to say a bonus IS BEING GRANTED. So, we're assuming it's being granted and it's guaranteed to be paid now. We're also assuming it's cash.

So, that being said..... Yes, if an annual bonus is being paid, it's most likely a performance-based bonus for 2012 performance. If bluefrog is going to be granted a bonus based on 2012 performance, he certainly is entitled to it. If he gives notice before receiving the bonus, it's very likely that the boss will say, "Too bad, so sad, no bonus for you."

What? You're contradicting yourself.

The bonus is either guaranteed to be paid / granted or it's not. If it's guaranteed, then it doesn't matter when he gives notice and this thread is completely pointless. If it isn't guaranteed, then the size should dictate the level of effort put forth. Considering he made this post, it should be pretty obvious it isn't guaranteed to be paid / granted.

To say somebody is "entitled" to a non-guaranteed bonus is an oxymoron. What are you even talking about?

 

[Denny Crane]

What do they give you..... a % of tacos sold?

Is that your deal?

 

[BLAZINGGIANTS]

What? You're contradicting yourself.

The bonus is either guaranteed to be paid / granted or it's not. If it's guaranteed, then it doesn't matter when he gives notice and this thread is completely pointless. If it isn't guaranteed, then the size should dictate the level of effort put forth. Considering he made this post, it should be pretty obvious it isn't guaranteed to be paid / granted.

To say somebody is "entitled" to a non-guaranteed bonus is an oxymoron. What are you even talking about?

Go back to Stanford. I hear they have a good edumacational program.

Where they give you Jelly of the Month as a bonus, Oompa Loompa.

 

[bluefrog]

The bonus is about month's worth of pay. It's performance based so it's a non-guaranteed bonus.

The new employer is giving me a relocation package but I was unable to negotiate more for the missed bonus or push back the start date.

 

[Denny Crane]

If your current employer were to fire you, I bet they wouldn't give you two weeks notice.

They might sue you if you hide the truth to collect the bonus.

You might talk to a lawyer and get proper advice.

 

[BLAZINGGIANTS]

If your current employer were to fire you, I bet they wouldn't give you two weeks notice.

They might sue you if you hide the truth to collect the bonus.

You might talk to a lawyer and get proper advice.

If its performance-based for performance provided, there's not much they can do. I've seen this type of thing multiple times. Law generally rules in favor of the employee, especially in compensation already earned.

 

[MARIS61]

Cash the bonus check, then thank them for it and regretfully give them notice the next day, offering to stay "as long as you can to train your replacement".

Few employers worth working for would hold it against you for accepting a better opportunity, unless they are already unhappy with you. Most employers would cancel your bonus regardless of how they felt about your past performance.