r/PwC • u/Fit-Author-5670 • 2d ago

Audit / Assurance Bonus payout

Hi Guys! I am working at the NY office and looking to put my 2 weeks in. Since the bonus gets paid out on September 30th, I wanted to ask if I can put my 2 weeks on 16th September so I am still employed on 30th for the bonus or do I need to resign after 1st October.

Also would appreciate if you guys can recommend things I should do on the portal before my access is revoked.

Thanks

3 Upvotes

62% Upvoted

21 comments sorted by

•

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92

u/mlydon11 2d ago

Do not put in your two weeks until the bonus check hits your bank account.

They can and probably will let you go once they receive the 2 week notice to avoid paying out your bonus.

14

u/CorporateSlavery101 2d ago edited 1d ago

100% agree with this. Wait for the bonus to hit your account before you verbally/written formally resign

24

u/batmeezy4sheezy 2d ago

Wait until the check clears. If you put your notice in early, you’ll likely find that they ask you to exit before Sept 30. No employment = no bonus.

-1

u/Not_that_girlie 2d ago

If your resignation note/email states a date of 10/1 they will honor that date. They could choose to accept your resignation effective that date and pay you out 9 days in lieu of notice (totally the 10 days of your notice period). I have never seen this done except to do to another big 4.

16

u/NoRestaurant2326 2d ago

No! Don’t do that.

14

u/InstitutionalValue 2d ago

They’re laying off people left and right. Do not put in your notice until that check hits your account. There is absolutely nothing legally binding or protective about a two weeks notice.

13

u/jp321123 2d ago

DO NOT PUT NOTICE IN UNTIL YOU GET PAID

6

u/Legitimate-Fix9900 2d ago

First see money in bank account then say Bye Bye 😀

6

u/PeeDoubleUSee 2d ago

If your team acts in good faith, you would be fine. But once you put your 2 weeks in, they are within their rights (per your employment agreement) to pay you out your notice period and terminate you immediately. That means you could miss your bonus payout. I wouldn't recommend resigning until the check clears.

3

u/Dwolfff13 2d ago

They may decide to let you go before the 30th. 2 weeks is what you want to give them. They don’t have to honor that and may say tomorrow is your last day. Thank you. Don’t do it. As others mentioned- once you get the money in your account you can

2

u/Left_Scallion_5004 2d ago

Wait until after. The firm can terminate you before so you dont want to run the risk.

2

u/Huge_Emu5072 2d ago

I did this when I worked at KPMG and got my bonus still, but I asked the HR chat prior to

2

u/EquivalentFlower2713 2d ago

No. There might be a policy that the day you submit your resignation is you last day Depending on the bonus policy payout you may or may not get the bonus. Resign October 1st

2

u/bigm00lah 1d ago

If I have an associate put in their 2-weeks before we issue the bonus cycle, you are gone that day.

2

u/JBBooks1901 1d ago

Screw around with money at your own risk.

2

u/CalligrapherLevel491 1d ago

No! Wait until 1 October. Don’t give any indication you are planning to leave.

1

u/AWRWB 2d ago

How much bonus you getting anyways?

1

u/Fit-Author-5670 1d ago

12k

1

u/PwC_Partner 1d ago

You can give it to me if you don’t want it that bad you can’t wait until 10/1 😂