Final Pay Moneys Owed
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Final Pay Moneys Owed
I worked for a car dealership who terminated me on 4/22/2017. As part of their pay plan, 20.00 per car sold is set aside to be paid around Christmas as a form of bonus with a company match. The total in this fund is 730.00 after tax. I asked for the money but the owners son said I will receive it when everyone else gets theirs around Christmas time.
How do I get that money now??
Asked on May 22, 2017 under Employment Labor Law, Illinois
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
You can't make them pay you any earlier than they would normally pay: unlike regular wages/salary, bonus payments are not governed by law--whether a company pays them, how much they pay, and when, is up to the company. If the company pays a Christmas bonus around Christmas time, that's when they pay it--there is no legal basis to make them pay it earlier. Possibly if you agreed to accept less, they would pay you more quickly, to save money--but that would be up to you and them: whether you could work something out that works for both of you.
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