Does Bloomberg pay relocation bonus before the start of work or after? Also, is the relocation pre taxed or post taxed? I am getting standard relo of 10k. Can anyone please help me out with these details? #engineering #software #bloomberg
Luckily, because of covid, I don’t think you need to relocate right away. Correct me if I’m wrong?
Yeah I am hoping for that.
+1. I'm starting as a new grad and we are getting it our first paycheck. Not sure if the 10k is post tax or not though.
Any bonus is pretax..Uncle Sam takes its share..
Not true. C1 covers the tax for relocation
Location?
NY
Hey OP, did you end up getting temporary housing provided by Bloomberg?
Both are post tax and come with your first paycheck. Correction - bonus amounts are pre tax and some portion of it will be withheld.
That's crazy. What's the point of relocation bonus if you get it after you relocate?
I’ve been asking the same question myself lol. I was a new grad though. And they give us free accommodation for our first few days in the city. Talk to HR, they might be able to help you out.