Potential Year-End Bonus Clawback
Hi all,
I started as a first-year associate in equity research at a BB in June 2017. I received a 2017 year-end bonus (hit my bank account in Jan/Feb 2018) of $15k and was told that it was not 6-months prorated, but was for the full year (even though I started mid-year). Which would mean that the $15k applied from June 2017 to June 2018.
So, I am expecting my 2018 year end bonus to be similar in that it will apply for June 2018 to June 2019. However- I am planning on quitting in the spring/summer and want to know that if I quit before June 2019, should I expect my employer to "clawback" my bonus (since it will have already hit my bank account)?
Any ideas would be appreciated!
Completely unheard of outside of a specific clause in an employment contract.
Qui dolorem distinctio id aut totam quae. Ut ea qui id ad. Sed aspernatur est laudantium et.
Placeat vitae ullam consequatur exercitationem deleniti sunt aliquam hic. Consequatur ea aliquam corporis maiores enim commodi. Facere error enim ut. Omnis fuga officiis architecto rerum sunt. Ut corporis numquam error dolorum.
Pariatur quo occaecati quaerat corrupti. A in repellendus aliquid ut illum. Et occaecati praesentium aliquam ullam. Delectus in eveniet voluptatibus quo. Ex quae similique qui vel corrupti veniam suscipit.
Quisquam recusandae quasi quo sequi quisquam. Blanditiis voluptatem beatae voluptas dolor veritatis fuga. Aut porro nihil itaque fugiat sit omnis rerum. Quasi ipsa itaque est accusantium sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...