This question is about salaries.

What happens to deferred compensation if I quit?

By Zippia Team - Dec. 9, 2022

Deferred compensation benefits may be terminated if you quit employment before the vesting date for your deferred compensation. All of this depends on the exact terms of your non-qualified deferred compensation (NQDC) plan. Depending on the terms, you may forfeit part or all of your compensation.

An NQDC is often referred to as "golden handcuffs" as it is a great way to keep essential employees at a company because it is extremely difficult to get compensation should you choose to leave.

It is important to know the terms and conditions before signing and to follow up with them if you feel confident that you will stay at this company until retirement.

What happens to deferred compensation if I quit?

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