My company has a policy that if you get someone hired, if they make it past the probationary period of three months, the person who referred them gets a check for $1500. Well, I did just that, and four months ago.
So after the awkward thing of having to go to human resources and tell them they were a month late on this check and then having a whole conversation about how the person in question came to the company, even they agreed that I directly recruited her.
I finally get the check today…and it’s for $870.75. That means a whopping 42% got removed for taxes. I talked to other people about this phenomena, and they tell me “Oh yeah, they always do that with bonus checks”. Now I don’t want to come across as greedy, but WTF? How is it that the tax rate on a bonus check is this high, and why? They even have a breakdown of all the taxes taken out. Why isn’t it treated like a normal paycheck at least?
Idiot that I am, I assumed this got treated like a tip and that I’d be getting a check for $1500.