View Single Post
  #1  
Old 08.10.2019, 21:41
barahir barahir is offline
Newbie
 
Join Date: Oct 2019
Location: Geneva
Posts: 5
Groaned at 2 Times in 1 Post
Thanked 5 Times in 2 Posts
barahir has no particular reputation at present
Can employers withhold bonus payments from staff?

A quick background on my situation: I have been in the workforce for ten years and with my current employer for almost two years now. As part of my package with my current employer, I am eligible for a 15% performance bonus.

I met all agreed targets for 2018, but didn't receive a bonus in January 2019. When I asked my supervisor why I did not receive it, he told me that the company hadn't met the growth targets and that the payment of bonuses would be delayed indefinitely.

From what I have read, Swiss companies have the ability to withhold bonus payments from employees. However, my bonus is part of my contract: it specifically states that I am entitled to one, but the amount is based on both company and personal performance. Can the company really deny me the bonus payment in this case?

I guess I cannot quit my job yet. My understanding is that I would be heavily penalised or even not getting any "chômage" at all.

Thank you for the help.
Reply With Quote
The following 2 users groan at barahir for this post: