I know some people who recieved their complete sign-on bonus upfront and others that are split the first 12 months. What determines this process, the pay band or the hiring manager?
If you don’t get it up front it’s not a sign on.
There have been a few threads here on this topic. I believe the payout is pretty subjective and varies depending on several factors such as the sign on amount and kind of offer i.e. new grad vs industry hire, and so on. My (MBA grad PMT) offer letter states that the 1st yr sign on (55k) will be paid as a lump sum in the 1st paycheck whereas the 2nd yr bonus will be paid as monthly installments.
What is your pay band? I'm curious because as an L5 I recieved a bonus through 12 months but an L7 recieved over 100k upfront. I am hoping to return to AWS but would rather get the bonus upfront than split.
L6 PMT. TBH I don't think pay band matters much and it may very well be based on the whims of the HR/Payroll. Perhaps this is something which can be negotiated with the HR/HM.
Interesting. I’m looking at going back to Amazon because Oracle is a circus. Been a bit hesitant because would have to return the Oracle sign-on, but if it was covered by the Amazon sign-on no sweat.
I really think this is more case by case than a set rule. My sign on was 2/3 up front the last third spread across the following year. *shrug* maybe they just spitball it. It'd be interesting to get some perspective from a recruiter.
I'm interested in going back to Amazon but I have an annual bonus that pays out in March. I would leave sooner if I knew that Amazon would pay a bonus up front.
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If your sign on is more than 25k it’s spread out over a year of paychecks, otherwise it’s given upfront. You owe back any sign on that you haven’t earned if you quit early
If it is split over monthly pay checks then how can you owe anything?
You don’t owe anything if you’re getting it over paychecks. You only owe money if you were given the SO upfront