Thread regarding Nestle layoffs

Retention Bonus

Just curious has anyone let go first week of November get their retention bonus yet? Anyone that has already received regardless of last day is it paid via direct deposit like severance?

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Post ID: @OP+12APav34

13 replies (most recent on top)

Last day was Nov. 2. Retention paid today with last installment of severence.

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Post ID: @ergv+12APav34

How was your bonus taxed?

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Post ID: @born+12APav34

And Nestlé definitely doesn’t care about your tax situation

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Post ID: @2pnj+12APav34

My retention was about 2k less than my estimate because I didn’t make the salary amount on the paper within the time frame.

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Post ID: @2bxb+12APav34

It was higher then estimate and by direct deposit

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Post ID: @2pys+12APav34

My last day was October 19 and I received my retention bonus today....

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Post ID: @2aay+12APav34

nestle is probably waiting till 2020 for tax purposes for us. u dont need an extra 8 to 15 grand on your income for this year you will end up paying a lot of that back

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Post ID: @1ngx+12APav34

The bonus comes with your last check via direct deposit

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Post ID: @1rkp+12APav34

Ouch you need to call someone asap that's crazy

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Post ID: @1ndq+12APav34

I haven’t even received my last pay period payment, and it has been over a month! Hahaha this is great.

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Post ID: @jkk+12APav34

READ-YOUR-PACKET! Guy,

It has not been 65 days yet. But we are within the 65 day period. Could come tomorrow could come 15 days from now.

No one seems to know how much, what or exactly when to expect bonus.

The original post is a legit question.

You can read the packet all you want. You still won't know exactly how much(close but not exact), when(window but no date), or how(direct mail, priority mail or direct deposit) you will receive payment.

Read your packet and you will realize you don't know ×××× either.

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Post ID: @nro+12APav34

READ.....YOUR.....PACKET!

It will paid out within 65 days of LDW. Has it been 65 days? You should hope they pay it out in 2020 for tax purposes.

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Post ID: @oqm+12APav34

I was let go on nov 1st and nothing

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Post ID: @kpl+12APav34

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