Question: if i am leaving today 10 June 2018, after serving 2 months notice, according to the clause below, am i entitled for pro rated 13month contractual bonus?
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Am i entitled for my 13 months contractual bonus
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Jun 10 2018, 10:38 PM, updated 8y ago
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#1
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Newbie
4 posts Joined: Oct 2013 |
Hey guys, I am planning to leave my company soon, and in my offer letter, i am given a 13 months salary throughout a year, payout is every 15 December as per employment period.
Question: if i am leaving today 10 June 2018, after serving 2 months notice, according to the clause below, am i entitled for pro rated 13month contractual bonus? Attached thumbnail(s) |
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Jun 10 2018, 10:44 PM
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#2
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Junior Member
173 posts Joined: Jan 2008 From: Penang |
ask your HR. Some companies will give. Some only give upon completion of 12 months.
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Jun 10 2018, 10:50 PM
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#3
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Junior Member
216 posts Joined: Feb 2016 |
my company does not give.. only after 12 months full completion
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Jun 10 2018, 10:54 PM
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#4
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Senior Member
1,441 posts Joined: Nov 2006 From: I Do Not Know |
No. You need to complete the year. the 13 month bonus is a sure fire way to keep people till the end of the year at the very least.
by doing so, they are bracing themselves for attrition in the month of march. why ? People wait till december only they think about tendering. then they think, ah shit. jan / feb is new year and cny. so they wont tender also in the end they tender and leave also probably march. |
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Jun 10 2018, 11:08 PM
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#5
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Senior Member
872 posts Joined: May 2008 From: Classified |
haha most Malaysian company wont give. To be safe make sure your bonus deposited into your account first then only you tender your resignation.
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Jun 11 2018, 07:41 AM
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#6
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Senior Member
774 posts Joined: Nov 2010 |
let me twist this a little. imagine u r the boss. will u pro-rate the bonus for someone who is leaving?
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Jun 11 2018, 11:46 AM
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#7
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Newbie
4 posts Joined: Oct 2013 |
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Jun 11 2018, 01:18 PM
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#8
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Senior Member
1,121 posts Joined: Nov 2004 From: Earth |
QUOTE(Ghospits @ Jun 11 2018, 11:46 AM) even for contractual bonus? i am not sure if everyone is aware that i am talking abt the 13th month salary, instead of the KPI/performance bonus which is by company's discretion. as per advice earlier go check with your HR or refer to the employee handbook if there is any. |
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Jun 11 2018, 03:40 PM
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#9
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Junior Member
216 posts Joined: Feb 2016 |
QUOTE(Ghospits @ Jun 11 2018, 11:46 AM) even for contractual bonus? i am not sure if everyone is aware that i am talking abt the 13th month salary, instead of the KPI/performance bonus which is by company's discretion. Yes. My company gives 2 months contractual bonus by end of december. So if i tender on 1st Dec.. i will lose the 2 months bonus.. |
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Jun 11 2018, 04:22 PM
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#10
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Senior Member
1,922 posts Joined: Apr 2009 From: Constellation Cygnus |
So the title is 13th month bonus not 13 month(s) bonus?
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Jun 11 2018, 05:14 PM
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Staff
4,277 posts Joined: Jun 2007 From: 地獄だ |
QUOTE(Ghospits @ Jun 10 2018, 10:38 PM) Hey guys, I am planning to leave my company soon, and in my offer letter, i am given a 13 months salary throughout a year, payout is every 15 December as per employment period. Most cases you're not entitled for it as long as you're not employed by the company by the payout day (yours is 15th December). However, there are also companies that will honour it to you via pro rated. There is no standard practice for this, it is dependent on company policy. Like everyone else says, check with your HR. They will be able to answer you.Question: if i am leaving today 10 June 2018, after serving 2 months notice, according to the clause below, am i entitled for pro rated 13month contractual bonus? |
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Jun 12 2018, 08:20 PM
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Junior Member
515 posts Joined: Sep 2007 From: PJ |
Most likely you have to complete the 12 months cycle to be entitled to that.
Most cases, the two months notice period doesn't count as part of the 12 months cycle. But it depends on company policies. Sometimes they are more relaxed on the rules. |
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Jun 13 2018, 02:53 AM
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Junior Member
527 posts Joined: Jul 2012 |
i dun think they will pay pro rated...
but pls ask hr for confirmation... |
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Jun 20 2018, 06:41 PM
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Senior Member
963 posts Joined: Jul 2009 |
If it's not stated in your contract, most likely you will not get thay 13th month.
When in doubt, contact your HR. |
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Jun 21 2018, 12:13 PM
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Senior Member
5,529 posts Joined: Oct 2007 |
like many suggested, likely that you won't get it. you need to service the full 12 months to entitle to the 13th month bonus.
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Jun 21 2018, 08:17 PM
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Junior Member
210 posts Joined: Aug 2009 |
Guys, I've been thinking the same as per TS. Let say we contact HR to inquire about this, won't they alert my boss? Haha.
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Jun 21 2018, 08:28 PM
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Junior Member
931 posts Joined: Oct 2013 |
I don't think they will give it. Need to complete 12 month to entitled for it.
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Jun 22 2018, 08:15 AM
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All Stars
48,521 posts Joined: Sep 2014 From: REality |
You not entitled for the bonus..
And u needed to complete full 12 months... |
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Jun 22 2018, 08:19 AM
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Senior Member
3,665 posts Joined: Oct 2010 |
wont get unless your boss steady one.
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Jun 22 2018, 09:20 AM
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Junior Member
102 posts Joined: Feb 2018 |
If you are resigning, you can forget about the 13th month contractual bonus especially when you have not even work your full year. If you need to tender for specific reasons, then just do so. If you procrastinate and stay for the full year, why decide to resign in the first place anyway. All the best.
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Jun 22 2018, 09:32 AM
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Junior Member
698 posts Joined: May 2005 |
Haven't heard or seen any who got their 13th month pay aka bonus without completing full 12 months service. So don't put up your hopes instead work on your commitment to your future company and work diligently for at least a year before thinking of jumping ship again.
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Jun 22 2018, 03:27 PM
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Junior Member
60 posts Joined: May 2011 |
QUOTE(kirakun @ Jun 22 2018, 09:32 AM) Haven't heard or seen any who got their 13th month pay aka bonus without completing full 12 months service. So don't put up your hopes instead work on your commitment to your future company and work diligently for at least a year before thinking of jumping ship again. My company gives pro-rated 13th month contractual bonus to those leaving who demand for it. If they don't ask then HR pun buat tak tau |
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