Savient not paying bonuses

Just talked to someone who left the company at the end of July and Savient is refusing to pay the 2nd quarter bonus because he was not employed on the day the bonuses were paid. He was employed for 4 weeks after the quarter ended though. They didn't tell him when he gave his 2 week notice that this was the policy. Is it even in the papers we sign when we are hired?

So if I know I am leaving in the middle of September, I need to hang on through Novemeber 15th to get the Q3 bonus? That's 2 months of not working very hard while I wait to get paid.

Seems copunterproductive to me. Pay out approx $7k to a leaving rep who was here through the end of a quarter OR pay $20k in 2 months salary while he hangs out doing nothing plus the $7k for the bonus. From the company's perspective, it doesn't make financial sense to me. Not to mention the bad press on CP and good luck finding someone to come over if they have a job elsewhere. This kind of policy says alot about how they treat their people!

I guess if you leave wait as long as possible to give notice or make sure your new company will keep you whole with a sign on bonus.