- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Signing Bonuses
Posted on 3/14/16 at 1:58 pm to Jumbo_Gumbo
Posted on 3/14/16 at 1:58 pm to Jumbo_Gumbo
If I signed a 2-year Promissory Note for a sign-on bonus and then decide to quit said job prior to 2 years, I have to pay up, correct? Guy I work with is telling me an employer cannot demand this money back, but that seems entirely inaccurate to me.
1
Posted on 3/14/16 at 2:14 pm to lesgeaux
quote:
If I signed a 2-year Promissory Note for a sign-on bonus and then decide to quit said job prior to 2 years, I have to pay up, correct? Guy I work with is telling me an employer cannot demand this money back, but that seems entirely inaccurate to me.
If you sign it, you def. have to pay it back. Most places have this in place for sign on bonus and relocation assistance.
Government taxes the shite out of bonus. Way higher than your salary rate. Usually comes out to about a flat 35-40%. It blows.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News