Originally Posted by
Don Corleone
At least for the last 2 years profits were announced 2nd Thursday in May.
So here is a question for you, if one was to resign a week before the 2nd Thursday in May, then they would receive no bonus ?(should it by miracle actually happen)- I ask because section a) in this part of the staff regulation manual would imply that one would not receive it :
When notice of termination of Contract of Employment is given by either party, the company will apply a complete
freeze on any changes to the employee's employment terms, and any previously planned promotion will not be
implemented. This principle will be applied as follows:
a. If an employee resigns prior to the 'effective' date of a pay review, he will not be entitled to receive an annual
or merit pay review, or changes as a result of a general pay review of scales, benefits etc., whilst serving
notice (regardless of the date of implementation of any such review).
b. If an employee resigns after the 'effective' date, but has already left employment prior to the
'implementation' date of the pay review, he will not normally receive the annual or merit pay review.
c. If an employee resigns after the 'effective' date and is still in employment at the time of implementation of
the pay review, he may receive the benefit of some or all of the pay review. However, such pay review benefit
will only be granted to employees who work the full term of their contractual notice period, unless the
Country Manager or Line Manager indicates in writing that the notice period is waived.