Hi, I have a yearly retention bonus clause in my employment contract. I complete my one year on 26/04/2022. But it's going to be paid in the month of May due to the attendance cycle being from the 21st of this month to the 20th of next month.

If I resign on 27th April and serve my 30 days notice period, will I still be eligible for this bonus?

From India, Mumbai
Management Consultancy

Use factoHR and automate your HR processes

Mobile-first hire to retire HR and Payroll software that automates all HR operations and works as a catalysts for your organisational growth.


This is a voluntary payment by your company and it would depend on the rules in this regard as to whether you will be paid retention bonus or not. However, the general rule is that a resigned employee is not paid such incentives.
From India, Mumbai

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2022 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server