Company is asking for full refund of sign-on bonus?

Facebook
smoothbutt

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smoothbutt
Sep 22, 2021 17 Comments

I recently got an offer from another tech company and received a sign-on bonus. The offer letter says that if my employment gets terminated before the 1 year mark, then I have to return the full sign on bonus. Is this industry standard? I haven't seen this on my previous offer letters. Sign-ons were always pro-rated if I didn't make the first year. Can I push back to get this revised?

Edit: I have not yet signed the offer letter. We're in the period of me reviewing the contract terms. Thinking I will shoot my shot to ask for pro-rated!

#offernegotiation #signonbonus #offerletters #bonus #offernegotiation

#tech

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TOP 17 Comments
  • New
    killerpaw

    New

    killerpaw
    Thatโ€™s pretty standard for many companies.
    Sep 22, 2021 0
  • Wayfair
    CrsP47

    Go to company page Wayfair

    CrsP47
    This is standard.
    Sep 22, 2021 0
  • Google
    1Name4Evaa

    Go to company page Google

    1Name4Evaa
    Yep standard!!! Welcome to โ€œreading your contract and signingโ€ stage of your life ๐Ÿ˜Š

    FYI yes you can ask them to make it pro-rated IF you are willing to have your signon given to you pro-rated as well that is monthly.
    Sep 22, 2021 0
  • Amazon / Other
    arcades

    Go to company page Amazon Other

    PRE
    DC Government
    arcades
    pretty standard across industry.

    Else people will join new companies each month, take 20k+ sign on. That alone would make your tc 240k+ lol ๐Ÿ˜‚
    Sep 22, 2021 0
  • Oracle
    wIGV25

    Go to company page Oracle

    wIGV25
    Not just sign on, my contract even said that I will have to return all the relocation as well as immigration cost if applicable, if I leave the company in less than 1 year.
    Sep 22, 2021 3