Leaving eBay in first year. What's their sign on repay policy?

Google
VRcw11

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VRcw11
Aug 27, 2021 3 Comments

Received 50k sign on, only received 28.8k in hand after taxes. If I want to leave in next few months. Would the policy be I pay the whole 50k in cash transfer? This seems unfair if I have to come up with more cash than I actually received. #signingbonus

TC: 225k
YOE: 8

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TOP 3 Comments
  • Twitter
    bootyevery

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    bootyevery
    that’s the policy at several companies. You then file a tax form to get reimbursed for the remaining 50-28 k. You don’t actually lose any money (besides what you’re paying back)
    Aug 27, 2021 0
  • Facebook
    🔥🐉🔥•

    Go to company page Facebook

    🔥🐉🔥•
    You’re going to have to pay up that 50k lump sum and handle the taxes afterwards.

    What might save you some $$$ is if you’re contract has a repayment clause that splits the amounts you owe in 6 month increments.

    So for example if you received 50k for the first year and it says If you leave in less than 6 month you repay 100% of the bonus. And if you leave after 6 months but less than a year then you repay 50% and if you leave after a year you don’t have to pay anything.
    Aug 27, 2021 0
  • New
    ugee0

    New

    ugee0
    Have you reached first year? I think 25k+ sign on are split 50/50. So if you didn't make it to 1 year, you owe all, year 1-2 you owe prorated amount iirc
    Sep 4, 2021 0