How are bonus clawbacks handled? A person gets a $1,000,000 bonus on top of his/her $250,000 salary in year one. The next year the employee has to pay back $500,000 of the bonus.
Year one income: $1,250,000
Year two income: -$250,000?
Thankfully, I don't have this in real life.
Thanks for any help.
- posted 5 years ago