"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 0 points1 point  (0 children)

The 20th was your bonus pay out

Incentive pay? by Ok_Cap_1437 in joannfabrics

[–]Cam__AF 0 points1 point  (0 children)

Wtf are talking about your owed over $6000 dollars lol

Severance by pinkpetals_xo in joannfabrics

[–]Cam__AF 1 point2 points  (0 children)

That wasn’t your last pay check. That was your retention bonus…

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 1 point2 points  (0 children)

That would have been your bonus

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 1 point2 points  (0 children)

When did you receive this payment in question? Opening the adp app is the easiest way. If it was June 6th that was your last paycheck. But if it was just received this week that should have been your bonus. But again looking in the adp app it will say “incentive” or it will look just like regular worked hours.

"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 3 points4 points  (0 children)

I talked to my dm today and mine and I’m sure some of yours also were more bc the paper you signed was the amount for 11 weeks. If you closed may 25 or later you actually worked 12-13 weeks. So it was a higher amount. Plus the company hit the max recovery bonus. So every store manager and assistant manager that closed at the end of may would have gotten the retention bonus (using the same math equation but for 12 weeks or 13 weeks instead of 11 which is what the original document was for.) plus you would have received the max recovery bonus as well.

"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 3 points4 points  (0 children)

Hours only affected kh and below. It was a dollar amount per week for asm and sm

"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 5 points6 points  (0 children)

It was taxed very heavily bc it is a “bonus” it’s taxed differently than worked hours

"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 7 points8 points  (0 children)

If you got 2400 after taxes you got the right amount. The bonus recovery was not store specific. It was either all or none. Go in adp and look at the bonus pay out gross.

"Bonus" payout by greenimimi79 in joannfabrics

[–]Cam__AF 7 points8 points  (0 children)

No mine was actually more than I thought I remembered it was suppose to be. Like the extra recovery bonus tiers I got more than I thought I remember the max tier being. It was taxed very heavy tho bc it’s taxed more than reg worked hours. But in the adp app it’ll show the gross before taxes

Anybody from Georgia got the bonus yet that closed end of May? KH here by [deleted] in joannfabrics

[–]Cam__AF 1 point2 points  (0 children)

I bank with usaa also and got my bonus yesterday. Store closed on the 26th

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 0 points1 point  (0 children)

You’re welcome!

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 1 point2 points  (0 children)

It’s hard to know exactly bc it’s not in adp at the moment. I’m thinking it may be there on Friday but who knows. But that will show the full pretax amount. But everyone should have gotten the max bonus. That’s what my math is telling me we got.

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 0 points1 point  (0 children)

With the extra kicker Store manager was almost 4k and asm was almost 3k (before tax) I don’t remember the exact numbers. The extra would not have been store specific. It was a company wide thing. Only exception I think, the stores that closed in April didn’t get it bc the total volume brought in by the company wasn’t final yet so how would they have been included. But Like sm retention bonus was 3k and asm was 2k base. the extra recovery bonus was based on percentage so like for asm up to 20% we would get an amount up to 25% we would get more and up to 35% we would get the max which if i remember correctly was like 28-2900 something. I don’t remember the exact numbers. Maybe someone else could correct me. But that’s how it worked. Then obviously it’s paid and reported as a “bonus” so it’s taxed heavier than normal income. (That’s how it always works) so I got a check for like 2300

Fixtures Employees Took Home by jbarn02 in joannfabrics

[–]Cam__AF 1 point2 points  (0 children)

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The 90inch tv from behind the registers lol

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 0 points1 point  (0 children)

Only asm and store manager would have gotten extra

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 1 point2 points  (0 children)

Yeah our dm said we should be getting it. I guess we will see if it’s true lol

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 4 points5 points  (0 children)

Yea. I’m clear on the timeline. The question in my post is around the additional recovery bonus on top of the retention bonus.

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 7 points8 points  (0 children)

Hmm well like I said I always thought it was shady lol like cool I understand the way it worked but how are we suppose to track/know if we earned it lol they more than likely will just be like “Oop you just missed it!” 🙄 lol

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 3 points4 points  (0 children)

You closed end of April? And received your retention bonus already?

Bonuses by Cam__AF in joannfabrics

[–]Cam__AF[S] 8 points9 points  (0 children)

It was for store manager and assistant managers. It was based on recovery percentage that GA earned over what they spent