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Sign-on bonus
 
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Sign-on bonus

 
forum comment
#0 Sign-on bonus
 
Anders
16.04.11 00:00
 
What's the game of sign-on bonus?Can you only get it if you are headhunted, or can you also negotiate it as part of your salary?I mean if you negotiate for a higher salary than they are willing to/can pay, can you then ask for a sign-on bonus?What's the "normal" size of a sign-on bonus?
 
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forum comment
#0 RE: Sign-on bonus
 
Keith Chegwin
17.04.11 00:00
 
You only normally get one to replace a bonus you are losing by leaving where you are. At least thats been my experience, in fact when I moved my sign-on was conditional on providing evidence of the bonus I lost.
 
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forum comment
#0 RE: RE: Sign-on bonus
 
Ernest Young
17.04.11 00:00
 
I disagree with the above and I know that for a fact.You get if you ask and if you deserve.
 
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forum comment
#0 RE: RE: RE: Sign-on bonus
 
Anders
18.04.11 00:00
 
"Get if you ask"So if in the end we can not meet on the salary, then I can ask for a sign-on even though I applied for the job?What is the normal size - 20% of salary?
 
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#0 RE: RE: RE: RE: Sign-on bonus
 
Ernest Young
18.04.11 00:00
 
Get if you ask and if you deserve it.the size of the bonus is commensurate to what you can command
 
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forum comment
#0 RE: RE: RE: RE: RE: Sign-on bonus
 
Bob
20.04.11 00:00
 
From your perspective, you just want more money. So you can ask for more money: either in terms of base, benefits, or signing bonus. But uou need to look at this from the employer's perspective. Do they have a general 'salary band' for people at your level. If they do, and if you're asking for a base above this band, then a signing bonus is a way they can give you more without breaking their band. Also, for the employer to hire you at a high base entails a risk: if you don't perform then they're stuck with paying you a high salary. But if they just give you a signing bonus and you don't perform, they just need to pay you your lower base next year. Same applies to annual bonus: if this is calculated as a % of your base, then giving you a lower base is better for them. And consider next year's pay-rise: if this is also a % of your base, employer would prefer you to be starting on a lower base. So its always better to get a higher base than a joining bonus, but if they won't budge on base then there's no harm in asking for a signinf bonus to 'bridge the gap' between what you want and what they want.
 
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