Am I entitled to my bonus if I am terminated or resign?

You do not lose your bonus if you quit your job or are made redundant.

Read more about your rights regarding your bonus and termination here.

Am I entitled to my bonus if I resign or get fired?

If your employment is terminated, you are entitled to a proportionate share of the bonus you would have received if you had not left your position. This is stated in the Salaried Employees Act, and it applies regardless of whether you yourself resign or are dismissed. 

However, it is a condition that the bonus is included in your contract with your employer, or that you have received a bonus from your employer over a number of years, so that you are entitled to a proportionate share of the bonus based on the company's custom.  

How much bonus will I get if I resign or get fired?

You are entitled to a share of the bonus that corresponds to how much of the bonus period you have worked.

For example, if you resign at the end of July, you will be entitled to 7/12 of your bonus. This also applies even if the bonus period has not expired.  

When will I get my bonus paid out?

You are entitled to receive your share of the bonus at the usual bonus payout time, but not before that time.

However, your employer may have an interest in all practical matters regarding salary payments ceasing when your employment ends, so you can try to inquire about the possibility of having your bonus share paid out together with your final salary.  

What do I do if I don't receive my owed bonus?

It happens that companies forget to pay bonuses to employees who are no longer at work. It does not necessarily mean that they want to cheat you, so you should first contact your former employer and ask if they have forgotten.  

If you still do not receive your rightful bonus, you must contact IDA, which can help you get the money paid out.  

Log in and contact IDA's legal advisors

Do I earn a bonus during my notice period?

You earn bonuses during your notice period - just as you continue to work and receive a salary.

If you have been released from your duties during your notice period, this should not reduce your bonus, and you should try to calculate with your employer how much you would have had the opportunity to earn during the notice period.