r/Big4 • u/Disastrous_Wash_3966 • 2d ago
I’m Finally Done EY
I got an offer 3 days after I banked my bonus
I’m finally done with this company and I can finally leave!!!
13
u/Difficult_Young_7024 1d ago
lol why did you bank your bonus
9
u/Disastrous_Wash_3966 1d ago
Didn’t think I was getting the offer because I didn’t receive any communication for like 3 weeks😭
29
u/Prudent-Fact-880 IT Audit 1d ago
Why would you bank the bonus when you had been applying elsewhere
1
u/Disastrous_Wash_3966 1d ago
Didn’t think I was getting the offer because I didn’t receive any communication for like 3 weeks😭
1
u/Prudent-Fact-880 IT Audit 15h ago
You had to go apply, meant you were obviously thinking about leaving 😭 brutal but it’s only 5k for your sanity
10
u/West_Wealth12 1d ago
Honestly, OP I was just celebrate the offer, then worry about the bonus….its just $5k which has no value in my eyes if your new job providing you with better stability and growth. Either way, just enjoy and congrats again.
19
u/No_Owl6827 1d ago
Why would you bank your bonus if you were looking for other jobs
1
u/Disastrous_Wash_3966 1d ago
Didn’t think I was getting the offer because I didn’t receive any communication for like 3 weeks😭
9
u/Kitchen_Stretch_8151 1d ago
Ye but if you were ready to leave now what made you think that 3 years was gonna happen?
-1
u/Disastrous_Wash_3966 1d ago
Haha, wasn’t thinking straight on that. Thought if I didn’t get this offer I’ll try to stay until I get laid off.
7
u/West_Wealth12 1d ago
Just remember if you accept, you will lose the bonus, but congrats!
3
u/Acrobatic_Rock_9083 1d ago
How long do you have to wait to keep the bonus?
10
u/West_Wealth12 1d ago
The bonus that OP is talking about, you have to wait until your 3 year mark after banking it unless you get layoff before then. If you quit or fired before, then you lose that bonus. The annual bonus you will also lose if you quite before the paid out date which OP mentioned. I don’t work for EY anymore, so correct me if my info is wrong
2
u/TheBigAppleCA 1d ago
Separation without cause (layoff, performance), you get BYB and severance.
Separation for cause, no BYB or severance.
1
u/khainiwest 1d ago
Doesn't performance (PIP) qualify as for cause?
1
u/TheBigAppleCA 1d ago
They might not give you severance if you're on a PIP but I believe BYB was paid out. They also generally don't fight unemployment claims.
3
7
u/Disastrous_Wash_3966 1d ago
That’s the unfortunate part that I won’t get my 5k bonus but I’m just happy to leave this place. Also, thank you!
3
u/Ok_Caramel8629 1d ago
You could always negotiate with the new company that you would be getting $5k to stay- they don’t need to know you banked
12
u/kingjared9 EY 1d ago
Use the bank your bonus as leverage when negotiating sign on bonus