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Signing Bonuses

Posted on 3/14/16 at 12:14 pm
Posted by Jumbo_Gumbo
Denham Springs
Member since Dec 2015
5691 posts
Posted on 3/14/16 at 12:14 pm
Someone has recently made me an offer to work for them, and mentioned the possibility of a signing bonus. I have never received such a thing, but was curious as to how much these bonuses are. Making sure I do not get low balled.

Thanks
Posted by Chad504boy
4 posts
Member since Feb 2005
166326 posts
Posted on 3/14/16 at 12:15 pm to
Coby Fleener just got an 8 mill signing bonus
Posted by jamboybarry
Member since Feb 2011
32654 posts
Posted on 3/14/16 at 12:16 pm to
quote:

Someone has recently made me an offer to work for them, and mentioned the possibility of a signing bonus. I have never received such a thing, but was curious as to how much these bonuses are. Making sure I do not get low balled.


So many details of which to formulate a response
Posted by whit
Baton Rouge
Member since Sep 2010
10999 posts
Posted on 3/14/16 at 12:16 pm to
More info
Posted by TechDawg2007
Bawville
Member since Nov 2007
32249 posts
Posted on 3/14/16 at 12:16 pm to
quote:

Coby Fleener just got an 8 mill signing bonus
Saints overpaid
Posted by Pax Regis
Alabama
Member since Sep 2007
12936 posts
Posted on 3/14/16 at 12:17 pm to
Bout tree fiddy and a bottle of crown.
Posted by tigersfirst
Baton Rouge
Member since Apr 2013
1064 posts
Posted on 3/14/16 at 12:17 pm to
You will probably be allowed to bring home one combo meal after your first shift but I doubt they let you super size it.
Posted by GeauxTime9
Baton Rouge, La
Member since Dec 2010
6409 posts
Posted on 3/14/16 at 12:19 pm to
Middle class job? Assuming $60-80K a yar?

I would say expect $2k-$5k.

Out of college I got a $1,500 signing bonus.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 3/14/16 at 12:20 pm to
quote:

recently made me an offer to work for them, and mentioned the possibility of a signing bonus.


Scaffolding Foundry must be having a hard time replacing it's top producer
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54575 posts
Posted on 3/14/16 at 12:20 pm to
This is the OT


It took 4 million to get this signature


Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17261 posts
Posted on 3/14/16 at 12:22 pm to
quote:

You will probably be allowed to bring home one combo meal after your first shift but I doubt they let you super size it.


Reminds me of when I was in high school I worked for Pizza Hut and they gave you a free personal size pizza after you worked a shift, but they had sooo many rules it was funny, had to work for so many hours, could only put certain toppings on it, could not eat it there, etc.....nobody followed them
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20871 posts
Posted on 3/14/16 at 12:23 pm to
quote:

Middle class job? Assuming $60-80K a yar?

I would say expect $2k-$5k.


This is pretty accurate. Be prepared to be disappointed that you will only see a little more than half of the bonus amount after the fed and state take their share.
Posted by Jumbo_Gumbo
Denham Springs
Member since Dec 2015
5691 posts
Posted on 3/14/16 at 12:26 pm to
The owner wants to get into a certain industry and cannot do that without someone that has certifications that I currently hold. Also, there are very few people who do what I do. Typically to hire someone in my field, an owner would have to persuade someone from another company, or relocate someone from out of state.
Posted by Jumbo_Gumbo
Denham Springs
Member since Dec 2015
5691 posts
Posted on 3/14/16 at 12:27 pm to
You are correct in your assumption, and thank you for the legitimate response.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17261 posts
Posted on 3/14/16 at 12:32 pm to
quote:

Be prepared to be disappointed that you will only see a little more than half of the bonus amount after the fed and state take their share.


You will actually see a lot more than this, bonuses do not get taxed at a higher rate, but the payroll software may with hold at a higher rate because it thinks you are making that much each pay period, in which case you will get it refunded when you file a return
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27177 posts
Posted on 3/14/16 at 12:37 pm to
What?

It is income and taxed at the same rate as regular income.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17261 posts
Posted on 3/14/16 at 12:41 pm to
quote:


It is income and taxed at the same rate as regular income.


that is exactly what i said
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27177 posts
Posted on 3/14/16 at 12:44 pm to
No it's not.
Posted by PetreauxCat
TX
Member since May 2009
858 posts
Posted on 3/14/16 at 12:45 pm to
Depends on the industry and competition
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56285 posts
Posted on 3/14/16 at 12:45 pm to
quote:

income and taxed at the same rate as regular income.
If the person entering data on the payroll software has that bonus flagged as a 1x event.

Otherwise the software thinks that amount repeats every payroll and withholds using higher tax tables.
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