interesting but would you take it?
Yesss
Can you please elaborate why?
My cousin did this about 20 years ago with Arthur Andersen. Between getting the money and starting the job, Arthur Andersen disappeared due to the Enron scandal
Isn’t the present Accenture what was former Arthur Anderson’s consulting arm?
I think he was hired by the non consulting part
Let me know how getting furloughed on year zero of your first job works, class of 2020.
Harsh maaan
What happens if you don’t end up signing with them and join some other company instead?
They can always ask the money back
I’ve never seen a clawback work in CA.
They also pay a $50k signing bonus to new hires, so it might be worth it.
Evercore pays 25k to analysts
As a signing bonus, so is this another 25k on top of that?
As TC
Yes, enjoy having a life for a year since you wont have one for a long time. Also, if work is super slow and there aren't a lot of deals wont be learning as fast or get a decent bonus anyways.
That enjoyment will be limited given covid and lack of funds if you’ve got $25k taxed at 35-40%
You don’t pay higher taxes on bonuses, so you’re not going to lose nearly that much unless you have additional income. The reason everyone thinks bonuses are taxed higher is because if the bonus is enough to put you over a tax bracket that money will be taken out of the bonus instead of amortized across your paychecks. If that’s not the case you’ll get it back when you file taxes, but you should adjust your wit holdings to avoid losing it to begin with.
Why wouldn’t you?? Take the money and have fun for a bit once vaccines are out.
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Take the money and run