I’m faced with a dilemma of sorts. I’ve been offered and accepted a new job. I need to stay with my company through the end of June in order to get my yearly bonus, and now I’m not sure when to give my notice.
I could wait and give them 2 weeks notice some time during the week of 6/17, but we’ve got a bunch of projects in the pipeline and I think my department needs to suspend the projects in order to allow me time for knowledge transfer.
I’m reluctant to give them too much of a notice, though, because I’m concerned they might term me on 6/28 just to fuck me out of my bonus. I’ve heard in the past that they have tried to cheat employees out of bonus money because they gave their notice before the end of the performance period (even though they worked through the end of the period). The stated policy is “Employees are eligible for bonus payments if they are active employees through the end of the performance period dates of Dec. 31 or June 30”. There is an additional rider that states “Voluntary or Involuntary Terminations - prior to the end of the Performance Payment Period are NOT eligible for a Bonus payment”. It’s my personal opinion that this statement is deliberately crafted to be ambiguous, so that the company can try to refuse bonus payments to folks like me, giving their notice at the end of the fiscal year.
They rely heavily on me, and my only leverage is institutional knowledge, so if they say they’re not going to pay my bonus, I’m willing to walk out on them, and will tell them so. I hate to do that, as it would be potentially burning a bridge, but that’s really the only bargaining chip I have, and I’ll play it if I have to.
FWIW, SmithWife says I need to give notice as soon as possible. I was prepared to do so today, but my boss is out of the office.