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Do you qualify for a bonus if you find a bank job after March?

  • Last Updated:
  • Feb 13th, 2018 11:03 pm
[OP]
Sr. Member
User avatar
Sep 18, 2004
560 posts
102 upvotes

Do you qualify for a bonus if you find a bank job after March?

I know the banks offer a year end bonus if you are with them before March but what if you join them after? Is it possible to qualify from for even a partial bonus ?
10 replies
Deal Addict
Mar 22, 2012
1910 posts
291 upvotes
Toronto
Yea, I got a bonus and was there for 6 months before year end. Probably not as big as the other guys though.
Deal Expert
Oct 6, 2005
16472 posts
2135 upvotes
Airbum88 wrote:
Feb 8th, 2018 8:08 pm
I know the banks offer a year end bonus if you are with them before March but what if you join them after? Is it possible to qualify from for even a partial bonus ?
You should get a prorated bonus, and if not, you should demand that you do.
Deal Fanatic
Feb 9, 2009
6523 posts
3627 upvotes
Semi-annual at the branch level

Annually at the corporate

This is TD bank and when I worked there like 10 years ago

I assume it's still the same.

And yes your bonus is pro-rated based on months you work there... I started in Sept and still got a bonus, not as big but still got one...

But anyone working today there can tell me if the same applies.
Sr. Member
User avatar
Apr 26, 2010
648 posts
58 upvotes
Richmond Hill
The only time you will not get a bonus is when you start near end of year.
When I first started working approx 6 years ago, I started mid Aug and didn't get a bonus.
This year I switched to another financial institution, started in November and didn't get a bonus
Deal Fanatic
Mar 15, 2005
5298 posts
850 upvotes
Airbum88 wrote:
Feb 8th, 2018 8:08 pm
I know the banks offer a year end bonus if you are with them before March but what if you join them after? Is it possible to qualify from for even a partial bonus ?
Probably depends on the bank / department but mine will pay a bonus pro-rated to the fiscal year end. Join in March and you'd get credit for the 6-7 months until end of October, so about half your normal bonus.
Deal Addict
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Aug 17, 2008
1180 posts
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This is one of those things where it'll be best for you to make sure you negotiate it in as a condition
Deal Addict
Jul 21, 2005
1281 posts
410 upvotes
Not a bank, but most places I have worked pro-rate the bonus. Last year I got half of what I got this year, because I only worked for 6 months.

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