2024 Bonus FAQs
Q: When will the 2024 Annual Bonus payment be paid?
A: 2024 Annual Bonus Payments will be paid on Friday, February 28, 2025 as a separate check/deposit.
Q: When will my pay slip be available to view on Workday?
A: Pay slips for bonus payments will be available to view on Friday, February 28, 2025.
Q: How is my 2024 Annual Bonus payment taxed?
A: Bonus payments are taxed based on a flat supplemental rate/bonus rates set by the IRS and individual states.
Q: Where can I find information on Supplemental tax rates?
A: Information can be found on www.IRS.Gov, www.google.com and by accessing the Fast tax facts link on Payroll confluence page.
Q: How was my bonus Calculated?
A: Questions regarding bonus calculations should be directed to one’s direct Manager and/or People Strategy Partner.
Q: Will 401k contributions be deducted from my 2024 Annual Bonus payment?
A: No. Bonus payments @Oscar are not considered 401k Eligible earnings and no contributions will be deducted.
Q: My last day is February 27, 2025, am I still eligible to receive a bonus?
A: No. Employees are only eligible to receive their bonus if they are employed as of the date of payment (2/28/25). No exceptions will be made.
Comments
0 comments
Please sign in to leave a comment.