Post: bonus payout issue

Posted by arjay on 9/18/08

I live in NJ but work for a firm based in MA. At this
firm, employees are allowed to participate in a
productivity bonus program which is all spelled out in the
employee handbook. Each month, an employee can earn 1pct
of his/her annual gross pay if he/she satisfies
productivity goals. No issue there. However.... the
*payout* of these bonuses occurs one quarter *in arrears*
as long as the employee is on payroll. Example... the
bonus earned for 2nd quarter months of Apr-May-Jun would
not be paid out until *mid-October*. With this kind of
setup, the employee will *never* collect the bonus for the
last quarter he/she was employed even though it was
earned. Furthermore, chances are great that he/she
wouldn't get the payout for the next-to-last quarter
either. This cannot be in accordance with compensation
law... Can it??

Posts on this thread, including this one

bonus payout issue, 9/18/08, by arjay.

Re: bonus payout issue, 9/19/08, by lawguy.