- May 15, 2012
- The land of USA-made Subies!
Our company bonus (when they actually pay it) is paid March 1st of the following year. Even if you worked all 365 days of the previous year, if you leave the company for any reason between 1/1 and 2/28, you get ZERO bonus which is a crock of… dung.That sort of law is well-intentioned but flawed, as in your example.
The easy fix would be to prorate the requirements for lesser numbers of employees - or to not have a minimum number.
Here, there are labour laws requiring employers to pay benefits to full-time empoyees - so grocery stores, particularly, hire a more workers part-time, to avoid having to pay benefits.
Why not prorate the benefits so that the employer can't dodge paying benefits?
They skirt the issue by basing the bonus on unrealistic EBITDA and OCF targets, and even just missing the target by an eensy bit on either metric results in a numerator of 0. Good times!