Hi folks, I joined Uber last month and Google came back with an offer for a higher level which is quite better. I’d like to take that up. I already received the sign on bonus of 30k for first year and I am supposed to return the remainder of the bonus. Does Uber actively follow up with the candidates regarding the sign on bonus or do they not worry about it ? What’s the process to return it ? Thanks! Current tc 285k at Uber SDE2 Google tc 350k L5 Yoe 9#tech
Just curious, what happens with taxes in this case? Do you both pay back the 30k AND pay taxes on those 30k or are they not counted in your income at the end of the year?
Uber deducts taxes by law, but expects 30k back. The US government gives you back the taxes at tax time. Free $8k loan for the US government basically.
@Snap is correct. I had to pay back a $75k retention bonus earlier this year. I had to wire the full gross amount ($75k) back to my company even though I had already paid like 45% tax on it. Because the bonus was paid last year, I had to get a correction to 2022 W2. It does net out when you file your taxes though.
I had the signup bonus split in 2 years, and I was asked to return the after-tax amount (prorated) around a week after I left.
They’ll actively try to get the prorated amount back, I’ve had a few colleagues who have left and were contacted. Either way, if they do follow up, a small price to pay for the L5 level up at Google
If you joined a month returning joining bonus is not a price to pay. You get the joining bonus from Google instead.
I would have the money ready just in case Uber asks for it.