Repayment of bonus - Qualcomm
Dec 17, 2021
17 Comments
I have accepted a new job but unfortunately I am short 6 months for satisfying Qualcomm’s retention bonus. On the last day they emailed me to pay them back the bonus. Some friends say not to pay them unless it actually goes to a collection agency. Others advise to just pay them back and get it over with.
One thing I know for sure that the taxes will get messy as I will have to refile this year’s taxes to get credit for the withholdings on the bonus.
Anyone has had experience dealing with Qualcomm regarding repayment? Will they actually go to a collection agency?
Qualcomm TC: $300K
New TC: $400K
EDIT: I’m not asking for advice whether to pay or not. I’m asking for sharing your experience if you have gone through this.
comments
The sign on bonus is paid up front. And it has a 12 month requirement.