I am planning to leave Microsoft soon. Just wondering should I wait until mid September to get my cash bonus? If I leave sometime in August do I still get it?
It’s not locked until 15th August so you should wait
It's my first year here so pardon my question. Is August 15th the rewards and promotion discussion date?
Wait until it's locked
Leave with cash in hand. It’s the only guarantee. I left after the lock date and before cash in hand and got nothing. So if you want the bonus, just wait for it.
Typically you have to be employed on the day the bonus is paid. Should be stated in the bonus plan.
This seems right.
Don’t want to violate policies by posting screenshots here so hit HRWeb and search “Calculating Bonus-Eligible Salary”. Read the last two bullet points. This is not to say some a-hole VP cannot block it, or if you were getting 0 in the first place due to performance.
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I’m in the same situation. If you leave now you’ll still get your cash bonus. So long as you completed the FY, which we all did, you are good. If you leave, they will drop the money into your bank account.
Amazing if true. I wouldn't expect this from most employers.