Is resignation date the last working day?Specifying a last day in resignation letter greater than notice periodShould I specify the last date in resignation letterHow can I request employer to release for necessary documents on the last working dayIs a resignation letter always needed?Calulating last Work days on my resignation letter?Is my employer allowed to change my last working day to a later date?Is it appropriate to resign specifying an extended effective date of resignation?Last day today, submit resignation tomorrow without notice-periodHow can I ensure that my resignation date will be respected?How should I date my resignation letter if my manager is not in the office?
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Is resignation date the last working day?
Specifying a last day in resignation letter greater than notice periodShould I specify the last date in resignation letterHow can I request employer to release for necessary documents on the last working dayIs a resignation letter always needed?Calulating last Work days on my resignation letter?Is my employer allowed to change my last working day to a later date?Is it appropriate to resign specifying an extended effective date of resignation?Last day today, submit resignation tomorrow without notice-periodHow can I ensure that my resignation date will be respected?How should I date my resignation letter if my manager is not in the office?
.everyoneloves__top-leaderboard:empty,.everyoneloves__mid-leaderboard:empty,.everyoneloves__bot-mid-leaderboard:empty margin-bottom:0;
The bonus policy at my company says:
If an employee resigns or is terminated before the payment date, no bonus is given to him.
This is my first job, and I am confused about the meaning of the word resign. Is resignation date the day when I submit my resignation letter or my last working day?
My understanding is: resignation date is the last working day, and notice date is the day of submitting the resignation letter.
resignation
edited Apr 9 '15 at 6:20
Masked Man
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
add a comment |
The bonus policy at my company says:
If an employee resigns or is terminated before the payment date, no bonus is given to him.
This is my first job, and I am confused about the meaning of the word resign. Is resignation date the day when I submit my resignation letter or my last working day?
My understanding is: resignation date is the last working day, and notice date is the day of submitting the resignation letter.
resignation
edited Apr 9 '15 at 6:20
Masked Man
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
2
Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19
add a comment |
The bonus policy at my company says:
If an employee resigns or is terminated before the payment date, no bonus is given to him.
This is my first job, and I am confused about the meaning of the word resign. Is resignation date the day when I submit my resignation letter or my last working day?
My understanding is: resignation date is the last working day, and notice date is the day of submitting the resignation letter.
resignation
edited Apr 9 '15 at 6:20
Masked Man
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
The bonus policy at my company says:
If an employee resigns or is terminated before the payment date, no bonus is given to him.
This is my first job, and I am confused about the meaning of the word resign. Is resignation date the day when I submit my resignation letter or my last working day?
My understanding is: resignation date is the last working day, and notice date is the day of submitting the resignation letter.
resignation
resignation
edited Apr 9 '15 at 6:20
Masked Man
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
edited Apr 9 '15 at 6:20
Masked Man
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
edited Apr 9 '15 at 6:20
Masked Man
1
edited Apr 9 '15 at 6:20
Masked Man
1
edited Apr 9 '15 at 6:20
Masked Man
1
1
asked Apr 9 '15 at 5:14
LiamLiam
11112
asked Apr 9 '15 at 5:14
LiamLiam
11112
asked Apr 9 '15 at 5:14
LiamLiam
11112
11112
2
Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19
add a comment |
2
Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19
2
2
Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19
Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19
add a comment |
4 Answers
4
active
oldest
votes
Your company policy you quoted is unambiguous.
If an employee resigns or is terminated before the payment date, no bonus is given to him.
If you submitted your resignation before the bonus payment date, you are not eligible for the bonus.
The only case when resignation date is the last working day is when you resign with effect from the next day, and your manager/supervisor lets you go without serving the notice period.
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
add a comment |
This is slightly off topic, but if you are in a situation where you might resign close to when you get the bonus, you can ask the new employer for a hiring bonus to make up for the bonus you won't get. Or you can ask them if you can delay your start date so that you can give notice after receiving the bonus. You have to do this at the start of the negotiation though, not after you have agreed to the terms.
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
add a comment |
In most cases resignation is the day you put in the notice. So I am guessing if you put in a notice before the payment date you will not get the bonus.
answered Apr 9 '15 at 5:17
user33936user33936
1
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
add a comment |
Resignation Date - the date you will cease employment with the company. The day before that is your last working day. (ex. Resignation July 8; Last working July 7)
Notice Period - no of days for turn over; based on your company policy. Meaning you should hand out your resignation letter ahead of time. (ex Resignation is July 8, notice period is 30days. Then, your submission of resignation must be on or before June 7. Note here that your June 7 is the start of notice period of 30days.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
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4 Answers
4
active
oldest
votes
4 Answers
4
active
oldest
votes
active
oldest
votes
active
oldest
votes
Your company policy you quoted is unambiguous.
If an employee resigns or is terminated before the payment date, no bonus is given to him.
If you submitted your resignation before the bonus payment date, you are not eligible for the bonus.
The only case when resignation date is the last working day is when you resign with effect from the next day, and your manager/supervisor lets you go without serving the notice period.
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
add a comment |
Your company policy you quoted is unambiguous.
If an employee resigns or is terminated before the payment date, no bonus is given to him.
If you submitted your resignation before the bonus payment date, you are not eligible for the bonus.
The only case when resignation date is the last working day is when you resign with effect from the next day, and your manager/supervisor lets you go without serving the notice period.
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
add a comment |
Your company policy you quoted is unambiguous.
If an employee resigns or is terminated before the payment date, no bonus is given to him.
If you submitted your resignation before the bonus payment date, you are not eligible for the bonus.
The only case when resignation date is the last working day is when you resign with effect from the next day, and your manager/supervisor lets you go without serving the notice period.
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
Your company policy you quoted is unambiguous.
If an employee resigns or is terminated before the payment date, no bonus is given to him.
If you submitted your resignation before the bonus payment date, you are not eligible for the bonus.
The only case when resignation date is the last working day is when you resign with effect from the next day, and your manager/supervisor lets you go without serving the notice period.
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
answered Apr 9 '15 at 6:15
Masked ManMasked Man
1
1
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
add a comment |
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
2
2
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
There is no incentive for an employer to pay a bonus to someone who has submitted a resgination, bonuses are for retention not just performance. It is possible that there could be a legal case to get the bonus depending on the legal interpretation of the wording but you would use up in legal fees far more than the potential bonus most likely and you aren't guaranteed to win. If you have submitted your resignation, the chances of getting the bonus have to be close to 0. You could ask HR for an interpretation if you have already submitted a resgination.
– HLGEM
Apr 9 '15 at 15:50
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
However, you give notice of a resignation. You go to your employer with a letter that says "I am telling you today that I will resign fourteen days from now". "If an employee resigns" is not the same as "If an employee gives notice".
– gnasher729
Sep 5 '15 at 15:30
add a comment |
This is slightly off topic, but if you are in a situation where you might resign close to when you get the bonus, you can ask the new employer for a hiring bonus to make up for the bonus you won't get. Or you can ask them if you can delay your start date so that you can give notice after receiving the bonus. You have to do this at the start of the negotiation though, not after you have agreed to the terms.
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
add a comment |
This is slightly off topic, but if you are in a situation where you might resign close to when you get the bonus, you can ask the new employer for a hiring bonus to make up for the bonus you won't get. Or you can ask them if you can delay your start date so that you can give notice after receiving the bonus. You have to do this at the start of the negotiation though, not after you have agreed to the terms.
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
add a comment |
This is slightly off topic, but if you are in a situation where you might resign close to when you get the bonus, you can ask the new employer for a hiring bonus to make up for the bonus you won't get. Or you can ask them if you can delay your start date so that you can give notice after receiving the bonus. You have to do this at the start of the negotiation though, not after you have agreed to the terms.
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
This is slightly off topic, but if you are in a situation where you might resign close to when you get the bonus, you can ask the new employer for a hiring bonus to make up for the bonus you won't get. Or you can ask them if you can delay your start date so that you can give notice after receiving the bonus. You have to do this at the start of the negotiation though, not after you have agreed to the terms.
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
answered Apr 9 '15 at 15:58
HLGEMHLGEM
136k25233498
136k25233498
add a comment |
add a comment |
In most cases resignation is the day you put in the notice. So I am guessing if you put in a notice before the payment date you will not get the bonus.
answered Apr 9 '15 at 5:17
user33936user33936
1
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
add a comment |
In most cases resignation is the day you put in the notice. So I am guessing if you put in a notice before the payment date you will not get the bonus.
answered Apr 9 '15 at 5:17
user33936user33936
1
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
add a comment |
In most cases resignation is the day you put in the notice. So I am guessing if you put in a notice before the payment date you will not get the bonus.
answered Apr 9 '15 at 5:17
user33936user33936
1
In most cases resignation is the day you put in the notice. So I am guessing if you put in a notice before the payment date you will not get the bonus.
answered Apr 9 '15 at 5:17
user33936user33936
1
answered Apr 9 '15 at 5:17
user33936user33936
1
answered Apr 9 '15 at 5:17
user33936user33936
1
answered Apr 9 '15 at 5:17
user33936user33936
1
1
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
add a comment |
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
No, notice is not resignation. It is an announcement that you will resign at some point in the future. If the employer disagrees then the contract is not clear, and unclear terms in a contract are interpreted against the one who wrote the contract.
– gnasher729
Apr 11 at 22:07
add a comment |
Resignation Date - the date you will cease employment with the company. The day before that is your last working day. (ex. Resignation July 8; Last working July 7)
Notice Period - no of days for turn over; based on your company policy. Meaning you should hand out your resignation letter ahead of time. (ex Resignation is July 8, notice period is 30days. Then, your submission of resignation must be on or before June 7. Note here that your June 7 is the start of notice period of 30days.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
Resignation Date - the date you will cease employment with the company. The day before that is your last working day. (ex. Resignation July 8; Last working July 7)
Notice Period - no of days for turn over; based on your company policy. Meaning you should hand out your resignation letter ahead of time. (ex Resignation is July 8, notice period is 30days. Then, your submission of resignation must be on or before June 7. Note here that your June 7 is the start of notice period of 30days.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
Resignation Date - the date you will cease employment with the company. The day before that is your last working day. (ex. Resignation July 8; Last working July 7)
Notice Period - no of days for turn over; based on your company policy. Meaning you should hand out your resignation letter ahead of time. (ex Resignation is July 8, notice period is 30days. Then, your submission of resignation must be on or before June 7. Note here that your June 7 is the start of notice period of 30days.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Resignation Date - the date you will cease employment with the company. The day before that is your last working day. (ex. Resignation July 8; Last working July 7)
Notice Period - no of days for turn over; based on your company policy. Meaning you should hand out your resignation letter ahead of time. (ex Resignation is July 8, notice period is 30days. Then, your submission of resignation must be on or before June 7. Note here that your June 7 is the start of notice period of 30days.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 26 mins ago
HelllasssshHelllassssh
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 26 mins ago
HelllasssshHelllassssh
1
answered 26 mins ago
HelllasssshHelllassssh
1
1
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Helllassssh is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
add a comment |
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Best case scenario: 1) Announced N month bonus 2) Confirm bonus banked in to account 3) Resign 4) Leave
– quacky
Apr 9 '15 at 6:19