Thread regarding ConocoPhillips layoffs

Is it okay to resign right after getting the bonus?

I already know a few people who intend to leave right after they get the bonus, that is, they are still here only until they get the bonus. I don't even think it's unethical anymore.

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Post ID: @OP+1eyf7yh0

12 replies (most recent on top)

It is more than "ok", it is smart.

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Post ID: @Fdim+1eyf7yh0

It's not really a bonus. It is a part of our compensation that is reflective of performance relative to a set of KPIs. When we eliminated cost of living raises, this was sold to us as "pay at risk". Much like Social Security, the original intent and meaning have been lost over time.

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Post ID: @ksfm+1eyf7yh0

If you don’t get extra stock then you aren’t one of the chosen and have no future.

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Post ID: @hhvi+1eyf7yh0

I can't believe this question is being asked. I expect a mass exodus right after vcip and rightly so! Employees are tired of their salaries only being compared to market competitors. Of everyone that's left, I've heard of very few that are staying in O&G. They're also tired of all the ignorant changes that have been forced upon them (which aren't working I might add). Not to mention all of the unanswered questions and ignored concerns. Someone is in for a rude awakening I think.

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Post ID: @7zhx+1eyf7yh0

"They’ll have your job posted before they have the box from your office post marked. We are all replaceable."

Yes, we're all replaceable, but we won't be replaced. They'll bring in a consulting company to cook up a new reorg plan, elevate some incompetent people with no leadership skills to supervisors (probably hCXO people) and then give more work to the worker bees.

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Post ID: @3nxd+1eyf7yh0

It is perfectly ethical, if they fire you or you put in your notice before the bonus is deposited, they won't give you anything. It would be advised to wait until you get the bonus (and RSU vest) to put in your notice).

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Post ID: @3edz+1eyf7yh0

Come on. Unethical to take your portion and of the “bonus” from the year prior’s meager worker thank yous? Leftovers from buying stock at 5 year highs and layoffs? Take the money and run.

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Post ID: @2vwk+1eyf7yh0

They’ll have your job posted before they have the box from your office post marked. We are all replaceable.

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Post ID: @1bmy+1eyf7yh0

Is this a legitimate question from a current employee, or is it HR trying to get a read on what to expect in a couple months?

Regardless, the symbolism of walking out AFTER the money is deposited in your bank account says more about the company than about you.

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Post ID: @1qdk+1eyf7yh0

OP: It never was unethical to resign right after getting your bonus. You can resign whenever you want, but it does make good personal financial sense to hang around until you’re rewarded the cash that is rightfully yours. Be careful though, if you’re rewarded any restricted stock as part of your bonus, you’ll lose it if you resign before it becomes unrestricted. Hope you have a happy New Years…

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Post ID: @ymx+1eyf7yh0

Is it OK to basically force someone to live in a place they wouldn’t have their worst enemy live?

Is it OK to have layoffs?

I think you should be able to sleep at night. No one’s going to begrudge you, or even remember that you quit after your bonus.

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Post ID: @oku+1eyf7yh0

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