Would this piss you off?

[Anonymous]

My current (somewhat new company) to my surprise does the annual raise and bonus at same time each year.

The cutoff is 9-30 of previous year. It is prorated.

But to my surprise they pay it out July 31 each year.

We laid off someone last week who started October 2021. He missed cut off for July 2022 bonus and raise and let go before July 2023 bonus and raise.

Is it just me, but is that crazy? We do annual reviews in June and low performers are let go pre raise and bonus. Average workers don’t get bonus, but get raise. Above average get raise and bonus

[Anonymous]

Not crazy. Calculated and not in great faith. But thats how they operate. Paying it out so late is weird and sets up some of this dynamic.

[Anonymous]

Low performers are let go without a raise or bonus. That makes sense to me.

[Anonymous]

Paying it out nearly a year later is total BS. I bet they are not upfront & honest with new employees about the schedule.

[Anonymous]

Anonymous guy wrote:Paying it out nearly a year later is total BS. I bet they are not upfront & honest with new employees about the schedule.

They tell new employees there is a bonus but not pay out. Just the cut off date.

They also don’t tell employees only above average gets a bonus. So 1/2 the company gets a zero bonus.

[Anonymous]

Anonymous wrote:

Anonymous guy wrote:Paying it out nearly a year later is total BS. I bet they are not upfront & honest with new employees about the schedule.

They tell new employees there is a bonus but not pay out. Just the cut off date.

They also don’t tell employees only above average gets a bonus. So 1/2 the company gets a zero bonus.

Why would poor performers get a bonus?