E
Enochian
Guest
At the end of 1999 my company went through a merger. At the time of the merger I was a manager in my department. Because I was a manager, I recieved a quarterly "bonus" for the extra work I was required to do. At the begining of this year, to make things uniform between the two merged companies, a new "quarterly incentive compensation" plan was being formed. About two months prior to this new incentive plan being rolled out, I was reprimanded for "inappropriate behavior" (a trumped up charge, but that is a story for another day). When the plan was finally introduced, I noticed a new stipulation in the plan stating that if one was reprimanded during a particular quarter, one would lose all of their incentive compensation for that quarter. I asked recently if this applied to me, and was told it did --even though I was reprimanded prior to this policy even being written. So, to cut to the chase, what I'd like to know is whether this is legal. I know that constitutionally we are protected from the government acting in this way, but can a business apply rules ex post facto?
Thank you very much for your time
Thank you very much for your time