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A 5 figure check is standard sign-on bonus at most medium-large companies - you don't have to wait 5 years to get that.
by ummonk 8y ago
A 5 figure check is standard sign-on bonus at most medium-large companies - you don't have to wait 5 years to get that.
- pault 8y agoReally? The most I've ever had was $10k with a one year clawback clause, and the 45% bonus tax left me feeling like I had trapped myself in a job I didn't like for a measly $5k.
- deanmoriarty 8y agoIn my experience (which includes my circle of friends in the bay) FAANG companies routinely give sign-on bonuses in the $50k-$100k range for standard software engineers with a few years of experience. The largest sign-on bonus I've personally seen was one that I myself received in an offer from an hedge fund in NYC: $150k (I didn't take the job anyway since I hate the cold weather, very stupid of me).
- ngngngng 8y agoThis seems like it would make the insane cost of living most of these companies are in much more manageable, no? I've never considered leaving my low cost of living area because I figured my standard of living would go down on the average software engineer salary.
- ngngngng 8y agoDo these companies exist outside of major cities? I don't think there is a single company in Utah that does sign on bonuses. At least none that i've ever heard of.
- ummonk 8y agoProbably not. I don’t have any direct knowledge about the job markets outside top tech cities, but what you say isn’t surprising.