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When do your companies pay out bonuses? This is my first year in-house (F500, public) and have heard that our incentive plan comp gets announced/paid at the end of January or early February. How normal is this? Is it because they don’t want to spoil the Q4 earnings report?
Legal Professional Responses:
- Announced late January or early February and paid out end of February/early March.
- ^ same.
- For us the determination of incentive compensation, communication to team members and payout all happens in December.
- Same.
- March/April.
- Announce by mid-March and payout first week of April.
- Informed late January, paid mid February.
- Informed late January, paid out March 15th paycheck.
- March.
- We have a weird fiscal year but bonus is paid out 2 months after fye and there is a mid year “advance” of 50% that is paid out 2 months after end of q2 (so at end of month 8).
- We pay end of Q1, gotta get all that interest on that free cash flow!
- We do it in November and April/May.
- Mid-March.
- Announced last week of February, paid middle of March.
