How do companies ask you to pay back sign on bonus and relocation

Oracle / Eng
facegle

Go to company page Oracle Eng

facegle
Mar 26, 2018 15 Comments

Got an offer from a startup, they agree to pay what I need to give back if I leave, but I will need to provide written request from Oracle. How does your company ask you to pay back? In a check? What if you don't pay back?

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TOP 15 Comments
  • Amazon / Eng
    (-,-)

    Go to company page Amazon Eng

    (-,-)
    You’ll get a letter from Oracle politely asking you for the money with instructions on how to submit the payment. Normally a check or wire. That letter is what the startup wants so they verify there’s a debt.

    If you ignore it, they’ll probably sue you and take you to collections. It’s such a streamlined process that they do it everyday I bet.

    I’m curious about something though: does anyone know if being taken to collections for this will impact your credit score?
    Mar 26, 2018 1
  • Oracle / Eng
    Madmaxf

    Go to company page Oracle Eng

    Madmaxf
    With oracle you will get a settlement letter .
    Mar 26, 2018 2
  • I don’t think they’d sue you. That costs more money.
    Mar 26, 2018 9
    • So you were sued
      Mar 27, 2018
    • I was not sued. But I have seen at least 4 or 5 people who were either sued or capitulated after it went to collections. I'm not stupid enough to try this and think I'll get away with it. Do you HONESTLY think companies are afraid of the optics if suing an employee to enforce a contract? The public wouldn't blink an eye. There is a 0% chance of a viral uproar over this.
      Mar 27, 2018