I have a yearly retention bonus clause in my employment contract. I complete my one year on 26/04/2022. However, 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
Acknowledge(0)
Amend(0)

KK!HR
1593

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 a retention bonus or not. However, the general rule is that a resigned employee is not paid such incentives.
From India, Mumbai
Acknowledge(0)
Amend(0)

CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.







Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.