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As I understand it, signing bonuses started out as upfront payments that would be negotiated to compensate top executives for taking the risk of leaving their c
by akamaka 5y ago
As I understand it, signing bonuses started out as upfront payments that would be negotiated to compensate top executives for taking the risk of leaving their current job.
Using this for warehouse workers sounds like little more than a tool for recruiters to mislead people before they’ve read the terms of the contract.
Why not call it a “one year retention bonus”?
- Terretta 5y agoExcept after taking that risk, if the exec leaves within a period, they have to return that bonus. So for the exec as well, it’s both inducement and retention.