Ok so here is the deal. Im pretty much out the door at my current company. I plan on accepting an offer I just received. The problem is I need to give that company a start date and I am not 100% sure when I will get my bonus for Q3+Q4 results. There is a good chance ill have to wait until March 10th to get it. BUT the new company has a leadership all hands in person the first week of March that it would really annoying NOT to be at. Here are my options as I see it: Plan A: Dont say anything to anyone and just sit tight for the next 6 weeks and put my 2 weeks in once I have my money. This seems the most dishonest thing to do This would really negatively impact the start to the new gig. Plan B: Put my 2 weeks in soon at the current gig Expect that my bonus will still be paid out to me on March 10th even though i dont work there. (In the company hand book it clearly states that as long as you are employed on Dec 31st, you get your bonus even if you leave) I would be able to start my new gig at the right time I feel like this is the best way to not burn the bridge, and do right by them and me. ALSO is risky because I dont totally trust anyone when it comes to money. EDIT: another part of plan B would be to set a meeting with the CRO and be fairly upfront about my situation (i wouldn't say I have accepted a verbal offer, I would say i was approached with a really exciting opportunity and needed to understand some key details) Would you do that? Does that change your mind?

You aint getting that bonus with option 2.

I'd do option A: wait for the bonus then go. I hear you on not being at the all-hands.

I put B but only because the bonus was explicitly called out as payable.

Tell your new employer (manager) about the situation

It's an unfortunate case because you seem like a person with integrity from interacting with you. The truth is the company will screw you 95% of the time if they can and your comp plan needs to be carefully reviewed and understood. If the new company is flexible and wants you my belief is they will be understanding and willing to fill you in on the all hands if you can't attend it virtually. IF it has to be option 1, thats the way I would personally lean. Money doesn't have feelings... unfortunately.

Most companies don't look out for their employees in times like this.... why look out for your company?

it doesn't sound like you will get your bonus. You need to go back and read the terms of your employment and commissions/incentives.

Is the bonus big enough that its worth messing with your new gig? If yes then option A, if no and you are willing to take the gamble, option B.

You should look to overlap for a week or 2. Just make sure you onboard while you off board. That way, you don’t miss any comp and are insulated in case something happens

I would tell the new employer the situation, maybe they let you join while still working at the old company...Or they offer you a signing bonus if they need you at the all hands.

Best bet would probably be Option A, unless your current employer has the integrity to stick to your pay out. How chill is your manager? Would it be a death blow if you asked him a "hypothetical" about receiving the bonus if you're no longer with the company?

TennisandSales

Head Of Sales

Politicker

Acclaimed Answer

Executive

EDIT: Looking to leave....still need my bonus

Ok so here is the deal.

Im pretty much out the door at my current company. I plan on accepting an offer I just received.

The problem is I need to give that company a start date and I am not 100% sure when I will get my bonus for Q3+Q4 results.

There is a good chance ill have to wait until March 10th to get it.

BUT the new company has a leadership all hands in person the first week of March that it would really annoying NOT to be at.

Here are my options as I see it:

Plan A:

Dont say anything to anyone and just sit tight for the next 6 weeks and put my 2 weeks in once I have my money.
This seems the most dishonest thing to do
This would really negatively impact the start to the new gig.

Plan B:

Put my 2 weeks in soon at the current gig
Expect that my bonus will still be paid out to me on March 10th even though i dont work there. (In the company hand book it clearly states that as long as you are employed on Dec 31st, you get your bonus even if you leave)
I would be able to start my new gig at the right time
I feel like this is the best way to not burn the bridge, and do right by them and me.
ALSO is risky because I dont totally trust anyone when it comes to money.

EDIT: another part of plan B would be to set a meeting with the CRO and be fairly upfront about my situation (i wouldn't say I have accepted a verbal offer, I would say i was approached with a really exciting opportunity and needed to understand some key details)

Would you do that?

Does that change your mind?

What option would you take?

Attached poll

A B Secret Option 3: tell me your plan

*Voting in this poll no longer yields commission.

💰 Compensation

👥 Hiring

🧢 Sales Management

TennisandSales

EDIT: Looking to leave....still need my bonus

What option would you take?

braintank

SaaSsy

TennisandSales

TennisandSales

braintank

coletrain

TennisandSales

coletrain

Sunbunny31

TennisandSales

Sunbunny31

Lambda

TennisandSales

Lambda

Justatitle

TennisandSales

Justatitle

Corpslovechild

TennisandSales

CuriousFox

sketchysales

FinanceEngineer

TennisandSales

FinanceEngineer

Kosta_Konfucius

punishedlad

TennisandSales

TheHypnotist

Pachacuti

ChunkyButters

TennisandSales

GDO

TennisandSales

GDO

kelvin26

TennisandSales

EDIT: Looking to leave....still need my bonus

What option would you take?

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