Long story short, I'm actively applying to new jobs and on my way out the door. Does anyone have experience with this if you voluntarily quit? Assuming we get something this year, should I wait until the deposit hits my bank account before leaving?
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It’s management discretion. And it might need LL5+ approval.
You 100% will not receive AICP if you indicate you are leaving prior to getting the payout. I've seen many make that mistake, my good friend quit 1 week prior figuring it would still be paid. It will not.
Be careful about using all of your vacation time early in the year.
Before I was SIRP'd, vacation was 'vested' throughout the year.
So if you use it all and then leave in March, the company could technically deduct the 'unvested' days from your final paycheck.
Start new on mar 4
Take 2 weeks leave from mar 4
Now you’ve used up your vacation and got full pay and got your aicp
Tell them you are going to Tesla
The will walk you out immediately
Mission accomplished
@qfv is correct: Quit, retire, laid off, doesn't matter. You get AICP for 2023. It might be a reduced amount though depending on your pr, depending how vindictive your bosses want to be. I quit in December '22 and left on good terms. My bonus was paid in '23 and not reduced.
don"t quit
I quit a few weeks ago. My boss said I won’t. That’s ok though. Found something better. If you are laid off, you will get it
You forfeit your AICP if you quit.
You get it even if you quit. I’m an LL6 and we have to include all employees who worked the previous year in AICP. However, we could set the multiplier to 0 or very low if their performance was not good. We used .3 for those who quit and 0 for those laid off as we figured most didn’t think they would get anything.
Quit, retire, laid off, doesnt matter. You get AICP for 2023. It might be a reduced amount though depending on your pr.
The AICP is for the work you did in 2023.
I think you will still get it even if you quit. BUT for something like this you want to verify by reading Ford Policy and NOT take advice from a random person.
If you quit, no. If you are laid off, yes.