Hi, I joined Walmart during 2021 Nov and was given 25k sign on bonus. I quit Walmart and I was never mentioned anything regarding returning the sign on bonus. It has been quite sometime since then and I haven't received any comms. Should I get in touch with them to return it back or just ignore? Thanks for your opinions! #signon #money #bonus #investment
Na just let it be
When did you quit? Check your w2. That's when the surprise arrives.
I received my sign on bonus sometime during Jan. So might not be in this year's W2
W2 is just an aftermath of your income, doesn’t really mean anything.
Ignore. If you never signed anything indicating it should be returned upon early separation move on. If you did, still ignore but keep some funds liquid in case it comes up. Fwiw, I've left two big companies <2yrs where I was ostensibly supposed to pay back parts of relocation and/or sign-on but they never asked for it. (Both cases around 1.5yrs though, not just a couple months max like your situation.)
The payback is required only for <1 year usually.
I left at 1.5 years and was supposed to pay mine back. Never heard anything from them, it’s been 8 years, and the company was since acquired. You’re good.
DO NOT IGNORE IF YOU SIGNED TO REPAY IT BACK. Companies can send a notice to IRS and get it taken away from tax return or send you a bill. They can do nasty stuff so you better pay back if you agreed to it
^ this guy paid the signon bonus back 😂 IRS has nothing to do with that. Paying back or not is up to op and how willing the company is to take their money back, i.e. hiring collectors or reporting to credit bureaus. But they will let you know first and seek peaceful resolution
Amazon is drunk. I quit after 10 months and wasn’t told to return my sign on bonus.
Shld be in the offer letter about the sign on clause what will happen to it incase u leave.
It’s probably outlined in your offer letter.
If I may ask, why did you quit OP?
Return it along with the interest.
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If they need the money they will reach out to you either by email or mail..just make sure your mail address is setup correctly