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