I’m just wondering how many plan to leave. I know I am
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Bonuses will be paid out last pay period of February. As always.
According to today's announcement. bonuses will not be paid out until mid March. I guess management figured out how to squeeze few more days out of people
Letter of resignation typed up and ready to go - notice date March 4th 2022
@the one who knows
It’s now February and LT had announced on his webcast before Christmas that the board approved the bonus pool to be funded above target %. It usually gets out what % over target the plan is funded at by now. Somebody has to have heard some good grumbling or whispers on what it is going to be. Is it 120% over target, 150% over target, 180% over target?
Anyone that’s ever been here on a year where the plan is funded above target does it make it harder to get above the adjusted target%? Say it’s funded at 130% over target, does that make it harder to get 200% of your target %?
What day is it generally understood that the bonus and raise that will appear on your pay for performance statement get generated? Reviews and peer evaluations were completed in the first week of December. Surely the rough draft for these statements was completed in January?
I have known of claw backs on bonus and no vacation payouts for staff that have left a manager looking bad. For a small fee you can get a lawyer to help with your resignation. You can ask questions in the resignation about outstanding payments and issues with benefits. Getting HR involved puts a burden on vengeful management. HR would send your sole to he-l but they hate going to court.
My advice is two fold:
- Don't resign until the money hits your bank account. Until it is in hand, Marathon can take it away. And the decision makers are some petty tyrants who will take their vengeance where they can.
- You might consider whether you really owe MRO two weeks' notice. Did MRO give your friends and colleagues two weeks' notice when they terminated them over the last couple of years? Nope. My advice is to mention it casually to your supervisor the afternoon before you leave. Maybe just take your lap top by at then of the day and let them know you won't be in tomorrow. MRO and its employees used to have trust, and two weeks' notice is the sort of thing you do when you have a good relationship with a company. It is strictly a courtesy, and courtesies are meant to be shared between equals. Do you feel that MRO treats you like an equal or shows care and consideration in your relationship? Should a battered woman give her abuser two weeks notice that she plans to move out? Nope.
Don’t put your two weeks in until the first, you talking a chance with your bonus. It’s almost better to quit on the first and vacation out.
I would wait until it hits the bank. They may not pull it if you put in your notice early... but are you willing to bet thousands on that?
They won’t pull it, I know someone who did that and still got it
@OP+1eUzAjzd Asking for a friend. If one puts their 2 weeks notice in on 2/16 after your boss flashes you your pay for performance paper but before the bonus officially hits bank accounts what are the odds of mro revoking the bonus? Looking for a good percentage.
Bu-bye! I love it here at MRO, so good riddance.
I would negotiate with the other company. They might consider any estimate bonus or any ltip you might be owed and give it to you as a signing bonus. Doesn’t hurt to ask.
@1vhx+1eUzAjzd - the name is lee m. tillman
so @OP poser…. how about you leave name and number too… oh no… how’s the intel gather?
When is the next town hall so we can see Lee do his Jeffrey Tubin impersonation?
I couldn’t wait to watch the fallout. Good luck to you. If you find something, leave and don’t wait. I doubt the bonus will be worth the wait.