Lets say I get 50k joining bonus first year and 40k second year. Do I get all 50k the day I join or its prorated and I get every month 50k/12 amount? I know second year is every month 40k/12.
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Yeah, your first paycheck is extremely memorable
And generally it comes in your first paycheck
I got an SDE1 offer and the recruiter told me that since the first year sign on bonus is greater than 25k I will get it prorated even for the first year
Mine was prorated. Joined about 3 years ago with 40k for first year and 30k second year.
Is it 50K USD?
My was around $100k each year and was prorated monthly.
Def earned monthly. I had 45K in year 1 for SDE 2, then 35K. It’s treated same as your salary in how it’s paid out.
Joined last year. Got joining bonus in monthly paycheck.
Everyone on this thread forgot the rules. TC or GTFO (for new role)
You get it all at once, but you are required to pay it back if you leave before 1 yr.
Nope. It has changed. You get them monthly now..
Oh that sucks, the old way was better for tax purposes.