Thread regarding Nike Inc. layoffs

Have a job offer on the table

I have a job offer in front of me which needs relocation. Does someone knows what happens to my profit sharing plan that comes once a year at the end of fiscal year? Do I loose it completely or fo I still get for the number of months I have been employed in this fiscal year.

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Post ID: @OP+1r5FMEjC

9 replies (most recent on top)

Need to be employed on June 1st. Check the HR site.

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Post ID: @lmp+1r5FMEjC

Don’t worry, there won’t be a bonus this year.

Don’t listen to the person that said you have to be here in August. You don’t. June 1.

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Post ID: @xpw+1r5FMEjC

It’s June 1st. Ask me how I know…

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Post ID: @yes+1r5FMEjC

Have personally seen someone leave on June 4th and still get his bonus directed deposited in August.

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Post ID: @xvx+1r5FMEjC

If you’re not here when it’s given out in August you don’t get it I know people have said June but it’s August

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Post ID: @tlw+1r5FMEjC

Have to be here May 31st for your bonus, which is why June is retirement month.
Profit sharing was discontinued in 2020.

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Post ID: @hec+1r5FMEjC

Bonus only for folks staying in company till year end! So wait or forget bonus!

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Post ID: @yyn+1r5FMEjC

If you're not here on June 1st you forfeit it. Its a good idea to work that into your new job offer as a signing bonus.

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Post ID: @mks+1r5FMEjC

You have profit sharing? We haven’t gotten anything since 2020… but if you do you just forfeit anything that isn’t vested.

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Post ID: @bpa+1r5FMEjC

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