If an employee has a quarterly bonus as part of their compensation, which is tied to new bookings for the company, and they are non-voluntarily terminated (after working the full quarter) before the amounts have been paid out, is it common to not pay anything? This would not be for a commission based amount, purely for an incentive bonus based on company bookings and built into the employees compensation. Thank you.
Should quarterly bonus be paid to employee who was non-voluntarily terminated after the quarter ended?
This is a legal question and should be directed at your Attorney. It all depends on whether or not you have a company manual and/or if there was anything in writing about the bonus.
Filed Under: Human Capital