I have been there for 2.5 years.
My other 2 colleagues have been there for 1+ years.
We have not signed anything as of yet, but are expecting they would draft a legal document and force us to sign if not the funds will not be released/paid.
I have paid bonus before with no such terms.
I was told that if I need to sign the document if not the funds will not be processed. The document states that this is the condition of the payment of the Bonus is that I remain employed up to 30 June 2016. At any time before the date, a notice of termination of employment for any reason, I will be required to and shall repay on demand the full gross amount of the Bonus.
This is targeted only at the Analyst 3 level.
I just want to know can this be enforced? I will owe them more as the after-tax amount is a lot less than this.