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    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.


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