Know your rights: Raises, bonuses and severance, oh my
Knowing your rights means knowing what you’re not entitled to, as well as what you are.
Raises and bonuses? Nobody owes you one, Jack. No matter how long you’ve worked, or how well, or if you worked Christmas, or the weekends or nights. The law requires employers to pay minimum wage, and to pay overtime, and that’s it. Raises and bonuses are agreed to by the employer and the employee.
Severance? Nobody owes you that either. You get what you can negotiate with your boss.
The exception is a union contract. A union contract is a legally binding document that specifies wages, benefits and working conditions. The union negotiates it, and it applies to all the workers in the union.
The information in this post was pulled from the “Workers’ Rights Manual” published by Arise Chicago.