Monday, December 23, 2019

Are You Entitled to a Bonus After Being Fired? What You Need to Know

So you have been fired and you have been compensated what you are due. But what about the bonuses you are anticipating? If you haven’t been fired so suddenly, you might have been able to receive them.
Many companies provide bonuses as a means to compensate and motivate employees to reach quotas. But whether or not you are entitled to a bonus after being fired will depend on a number of things.
  1. You might be entitled to receive a bonus if it is an indispensable part of your overall compensation or was promised as a part of your benefits packages upon signing up for the company
For instance, if you agreed to a smaller salary but higher bonuses based on performance, it can be argued that you still needed to obtain your bonus even after being fired provided that you have met the performance asked of you.
  1. If other employees received their bonus
If the bonus is provided to all employees and not just when the company decides to provide a bonus, you might be entitled to one.
  1. If there are strict rules in the contract that say you can’t get a bonus once you are out of the company, you might not be able to pursue it anymore
Check your contract if there are clauses there that will stipulate when and when you can’t get a bonus. 
The best thing to do is to seek the advice of a Vancouver employment lawyer. Find out from an employment lawyer in Vancouver such as Lakes, Whyte LLP if you are still entitled to a bonus.
To know more about Personal Injury Law Firm Vancouver please visit our website: lakeswhyte.com

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