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Tuesday 22 April 2025
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Can a company take back the bonus if you resign?
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ORIGINAL POST
Posted by
shumfiona
11 yrs ago
If a company has agreed to pay you a bonus and you resign before getting the money in your bank account, can the company change their mind and refuse to pay the bonus?
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COMMENTS
cookie09
11 yrs ago
depends on your contract. in principle yes, i would say.
if it's a big company, you bet that they have their legal clauses sorted out accordingly. if it's a small company, good luck to sue them and get anything out of them
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Oski
11 yrs ago
Agree with cookie.
It is generally a good idea to quit after the money is in the bank.
Although claw back is still possible after it is paid, it will be legally much more difficult, and companies usually do not bother.
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weirlaw
11 yrs ago
ALL will depend on the Contract(s) arising in the employment; what were the “promises” from the employer to the employee?
Weir & Associates
Solicitors & Notaries
16th Floor Tak Shing House
20 Des Voeux Road Central
Central
Hong Kong
Tel : 2526-1767
Fax : 2868-3568
Email : WeirLaw@WeirandAssociates.com
www.WeirandAssociates.com
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