Thread regarding HCSC (Health Care Service Corporation) layoffs

what is the answer on bonuses

I talked with a friend about bonuses. He said you have to be employed on the day bonuses are paid in order to get it. Someone else said it does not matter that you will get a bonus even if you leave before March as long as you were working there on December 31st. I cannot find the information in hr because their information is hard to find and maybe they do that on purpose. What is it? If someone leaves the company for a better job before March but they get a bonus anyway won't their boss try to make their payout smaller as payback for you leaving?

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Post ID: @OP+1kTiFXCx

5 replies (most recent on top)

It’s Managers discretion. They may or may not pay out. They are NOT required to pay out. I have seen it happen both ways where it was paid out as well as completely held back.

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Post ID: @gnyy+1kTiFXCx

Up to the manager. It’s technically possible to get it but most managers won’t go to bat for you like that

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Post ID: @4czx+1kTiFXCx

I’m thinking managers are required to give a bonus if you are working on Dec 31. They have money to move around and if you leave before the payout day they would give you the minimum needed to satisfy the policy and give more to employees who stay.

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Post ID: @4tzq+1kTiFXCx

I quit last year and my last day was 12/31 and I got a bonus payout in March. It's a management decision and I got substantially less than I would have if I was still employed but a bonus is a bonus and I wasn't expecting it.

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Post ID: @4cts+1kTiFXCx

I wish I had a definite answer for you , but I’ve heard numerous times that bonuses are not guaranteed. I would wait until after March to leave if I were you. Just my two cents.

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Post ID: @2jiz+1kTiFXCx

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