Jan 19 2023, 11:29 AM
QUOTE(genesiscopy @ Jan 18 2023, 11:56 PM)
In that case it's a bit odd. Paying back performance bonus for work done in previous year is tbh kinda weird.
Usually some calculative companies did not pay the performance bonus even if you're still serving notice period e.g. performance bonus for 2022 payable in first quarter 2023 and you didn't get it since you're serving 3-months resignation notice period.
It is the company financial year ending. Some FY on 1st Qr, some 2nd QR, some at 3QR & some on 4th QR. Need to follow the FY date for accounting purpose.Usually some calculative companies did not pay the performance bonus even if you're still serving notice period e.g. performance bonus for 2022 payable in first quarter 2023 and you didn't get it since you're serving 3-months resignation notice period.
An example, a company FY 22 could be ending on Jun 23, by issuing bonus now, they are paying the annual bonus but the evaluation taking into consideration is only 6 months is according to their FY 22.
To avoid this dispute, the 6 months yet to evaluate should not be considered.
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