Details on the Magical Moment Bonus
April 10, 2023
If you have other questions, please email InternalCommunications@cookchildrens.org
General Eligibility:
- All employees in good standing up through director.
- Physicians are NOT included in this bonus.
- This is a one-time bonus and will be paid out just like you receive your bi-weekly paycheck.
- All full-time, half-time, part-time, pool, PRN and temporary employees, excluding contractors, who are employed during the bonus time period, and are in an active status on the payout date, May 12, 2023, are eligible for an incentive.
- Employees who terminate employment and their last workday is before the payout date are not eligible to receive the bonus payment.
- Employees who are on an approved Leave of Absence at the time of the payout are eligible and will receive their incentive on the payout date.
- Employees who receive a final written warning after the announcement and before the payout date are not eligible for an incentive.
Bonus Payout Date:
- Paid as a lump sum. The payout date will be May 12, 2023. Payments will not be grossed up for taxes.
Proration Rules:
- Amount is based upon an employee’s FTE level as designated in Lawson.
- New hires: must have started work before April 23.
- Termination: In order to receive a payment, an employee must:
- Be active on the payout date; AND
- Be in good standing.
Your bonus payout amount is based on your FTE status in Lawson as of May 3, 2023, i.e. full-time (80 hours) = $3,000 bonus payout.
To verify your FTE status in Lawson:
- Log into Lawson
- Click on “Employee Self-Service”
- Click on “Human Resources”
- Click on “Job Profile”
- See last line of this page where it says “Total FTE”
Match that number up to the chart below.
