Not Paying Bonuses!

[Anonymous]

Just talked to someone who left the company at the end of July and Savient is refusing to pay the 2nd quarter bonus because he was not employed on the day the bonuses were paid. He was employed for 4 weeks after the quarter ended though. They didn't tell him when he gave his 2 week notice that this was the policy. Is it even in the papers we sign when we are hired?

So if I know I am leaving in the middle of September, I need to hang on through Novemeber 15th to get the Q3 bonus? That's 2 months of not working very hard while I wait to get paid.

Seems copunterproductive to me. Pay out approx $7k to a leaving rep who was here through the end of a quarter OR pay $20k in 2 months salary while he hangs out doing nothing plus the $7k for the bonus. From the company's perspective, it doesn't make financial sense to me. Not to mention the bad press on CP and good luck finding someone to come over if they have a job elsewhere. This kind of policy says alot about how they treat their people!

I guess if you leave wait as long as possible to give notice or make sure your new company will keep you whole with a sign on bonus.

 

[Anonymous]

Who is making bonus around here anyway. We play games, I mean contest, to try and make money which leads to stabbing in the back and spending all of our time at home coming up with a story to send in on how successful we have been. It is a joke.

 

[Anonymous]

If you want to get promoted or a bonus; Make up a story about how you talked to a account about the Sunshine Act (the account had no idea about it until Genentech rep brought it up) or come up with a contest to see who can lose the most weight. Sad but, that is how it's done now. I am not knocking the reps, they were smart to play the game and win.

 

[Anonymous]

Just talked to someone who left the company at the end of July and Savient is refusing to pay the 2nd quarter bonus because he was not employed on the day the bonuses were paid. He was employed for 4 weeks after the quarter ended though. They didn't tell him when he gave his 2 week notice that this was the policy. Is it even in the papers we sign when we are hired?

So if I know I am leaving in the middle of September, I need to hang on through Novemeber 15th to get the Q3 bonus? That's 2 months of not working very hard while I wait to get paid.

Seems copunterproductive to me. Pay out approx $7k to a leaving rep who was here through the end of a quarter OR pay $20k in 2 months salary while he hangs out doing nothing plus the $7k for the bonus. From the company's perspective, it doesn't make financial sense to me. Not to mention the bad press on CP and good luck finding someone to come over if they have a job elsewhere. This kind of policy says alot about how they treat their people!

I guess if you leave wait as long as possible to give notice or make sure your new company will keep you whole with a sign on bonus.

Oh