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Half Bonus and Half Bonus, I got questions on this
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TSredracer2004
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Apr 9 2023, 04:13 PM, updated 3y ago
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My company announced bonus on Feb 2023, paid half of the bonus and in their email said they will pay the balance of that half in May 2023.
The bonus is not contractual but they said it is for 2022 performance.
My question is:
"Will there be a chance where they not going to pay the other half in May 2023?"
"Like what are the loopholes in this?"
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moiskyrie
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Apr 9 2023, 04:21 PM
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Same like what happen to my sis ..... Say bonus will be pay in several installment.... End up after pay 1st part.... The rest is history..... Say the bonus use to expend company, etc...
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nebula87
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Apr 9 2023, 04:23 PM
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QUOTE(moiskyrie @ Apr 9 2023, 04:21 PM) Same like what happen to my sis ..... Say bonus will be pay in several installment.... End up after pay 1st part.... The rest is history..... Say the bonus use to expend company, etc... Can raise to the labor office?
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moiskyrie
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Apr 9 2023, 04:26 PM
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QUOTE(nebula87 @ Apr 9 2023, 04:23 PM) Can raise to the labor office? Don't know as the bonus not compulsory, just depend on company good will...
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MrBaba
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Apr 9 2023, 04:27 PM
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QUOTE(moiskyrie @ Apr 9 2023, 04:21 PM) Same like what happen to my sis ..... Say bonus will be pay in several installment.... End up after pay 1st part.... The rest is history..... Say the bonus use to expend company, etc... Tell boss if like that mean I get company share ke since use my money to expand company .
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TSredracer2004
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Apr 9 2023, 05:04 PM
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QUOTE(moiskyrie @ Apr 9 2023, 04:21 PM) Same like what happen to my sis ..... Say bonus will be pay in several installment.... End up after pay 1st part.... The rest is history..... Say the bonus use to expend company, etc... Serious shyt? OMG.... I thought it won't happen le.
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moiskyrie
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Apr 9 2023, 06:49 PM
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QUOTE(redracer2004 @ Apr 9 2023, 05:04 PM) Serious shyt? OMG.... I thought it won't happen le. Got 1 year, say will giv bonus... End up no bonus cos boss say need money to renovate..... Even overtime, double pay also kena cut.... Really chinaman company..... Worst is hospital....
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ZZMsia
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Apr 9 2023, 10:09 PM
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QUOTE(redracer2004 @ Apr 9 2023, 04:13 PM) My company announced bonus on Feb 2023, paid half of the bonus and in their email said they will pay the balance of that half in May 2023. The bonus is not contractual but they said it is for 2022 performance. My question is: "Will there be a chance where they not going to pay the other half in May 2023?" "Like what are the loopholes in this?" This is to prevent people from resigning.. short term measure
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nexona88
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Apr 9 2023, 11:46 PM
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Well... Some cinapek companies does this thing...
Pay first during CNY... Says around June or July another round.... Later says economy not good... Sales not good... So much BS reason given... In the end... All history
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shinjite
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Apr 9 2023, 11:49 PM
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QUOTE(ZZMsia @ Apr 9 2023, 10:09 PM) This is to prevent people from resigning.. short term measure This is the real reason. To prevent people from resigning. I stumbled upon this from a company 10 plus years ago. In the bonus slip, you can notice the smallest of font used for the T&C at the bottom. It states the second half of the bonus will be paid in the middle of the following year and if one resigns earlier, there goes the second half of the bonus.
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WaCKy-Angel
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Apr 9 2023, 11:58 PM
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QUOTE(redracer2004 @ Apr 9 2023, 04:13 PM) My company announced bonus on Feb 2023, paid half of the bonus and in their email said they will pay the balance of that half in May 2023. The bonus is not contractual but they said it is for 2022 performance. My question is: "Will there be a chance where they not going to pay the other half in May 2023?" "Like what are the loopholes in this?" Since bonus is not conpulosry, they can retract it any time. If u not happy can go court to fight. Or u can call labour office to enquire about it. They are helpful.
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ZZMsia
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Apr 10 2023, 07:23 AM
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QUOTE(WaCKy-Angel @ Apr 9 2023, 11:58 PM) Since bonus is not conpulosry, they can retract it any time. If u not happy can go court to fight. Or u can call labour office to enquire about it. They are helpful. Definitely cannot win in court. Bonus is not part of your offer letter. Even if it is on black and white, the company can claim other things happened. If company paid salary late, can bring to court.
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ZZMsia
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Apr 10 2023, 07:36 AM
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QUOTE(shinjite @ Apr 9 2023, 11:49 PM) This is the real reason. To prevent people from resigning. I stumbled upon this from a company 10 plus years ago. In the bonus slip, you can notice the smallest of font used for the T&C at the bottom. It states the second half of the bonus will be paid in the middle of the following year and if one resigns earlier, there goes the second half of the bonus. It works for some.. kind of how company plans to retain you but if the bonus is 1month or 1.5months, its an easy decision to jump if the hike is 25-30 percent
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Eulm585
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Apr 10 2023, 05:00 PM
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How big is your company? For my company that’s >75k staff, if bonus is more than 4 months they will split into 2 payouts for cash flow and stuff la i guess. So kinda dependant on the company’s reputation
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TSredracer2004
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Apr 11 2023, 10:45 AM
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QUOTE(Eulm585 @ Apr 10 2023, 05:00 PM) How big is your company? For my company that’s >75k staff, if bonus is more than 4 months they will split into 2 payouts for cash flow and stuff la i guess. So kinda dependant on the company’s reputation Parent company is huge but dun think it's more than 75k staffs. And no la, where got 4 months?
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Eulm585
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Apr 11 2023, 05:00 PM
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QUOTE(redracer2004 @ Apr 11 2023, 10:45 AM) Parent company is huge but dun think it's more than 75k staffs. And no la, where got 4 months? Im saying for my company. My company has staff more than 75k. When announce bonus more than 4 months will split to 2 payouts. 6 month will be 3/3. If 3 months will pay 1 time. If ur company big then they cannot simply run like chinaman, later malu and kena lawsuit. But if sdn bhd then got chance kena tipu
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