Submitted by Novaham t3_11ei2q1 in personalfinance
yogapantsonly t1_jaeo2p6 wrote
Reply to comment by Diligent-Amphibian28 in I received only $13k of $20k sign on bonus, now I have to pay back $20k. by Novaham
That’s the shit part of retention bonuses.
You either have to quit in the same year you get it so the employer can get the 7k back from the irs and you just pay back the 13k or you have to stay until it expires.
If you don’t like a job, the best thing to do is take the retention bonus and put it in a high yield savings account until the contract expires.
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