I have accepted an offer from another nonprofit organzation to become their CEO. I am going through the work as stated in the Resignation podcast (fantastic by the way).
My question is: is it ethical for me to wait to receive my bonus before submitting my resignation? My (nonprofit) board has completed my review and I'm waiting on my chair to give me the information regarding me goals, feedback and comp based on the 2014 successes. Based on our successes, I believe I will be at the high end of the bonus spectrum with about 7%-10%, so it is not a small amount of money.
The advice I have recieved overall has been to wait it out since this is a bonus based on the last year's performance which was very strong. I have been with this organization for seven years so I am struggling on the relationship side of this equation.
I plan on giving 4-6 weeks notice and the new organization, while would like me to start as soon as possible, is okay with this.
Thanks in advance for the advice.