REPAYING A BONUS WHEN LEAVING COMPANY
AM I REQUIRED TO PAY BACK A COMPANY BONUS GIVEN TO ME FOR MOVING EXPENSES. MY COMPANY SAYS THAT IF I LEAVE IT WILL HAVE TO BE PAID BACK. IT WAS BASED ON SALES PROJECTIONS. THE BONUS WAS 1000 MINUS TAXES IT CAME TO 723. IF DO HAVE TO PAY IT BACK DO I PAY THE 1000 OR THE 723? I HAD TO SIGN SOMETHING WHEN I RECEIVED THE FUNDS.
1 answer | asked Oct 17, 2004 08:15 AM [EST] | applies to Texas
Answers (1)
The question cannot be answered on the information you gave. I recommend that you consult with an employment lawyer, and take the papers about this bonus with you for that person to review.
posted by Margaret A. Harris | Oct 17, 2004 1:18 PM [EST]
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