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Signing bonus

dlongawadlongawa 25 Posts
in HR & Employment Law Vote Up0Vote Down
Can anyone point me to a good example of a signing bonus? Thanks.
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  • 2 Comments sorted by Votes Date Added
  • Still Need CoffeeStill Need Coffee 507 Posts
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    When we give sign-on bonuses, there are normally requirements that must be met before they are payed, such as: "Bob will receive a sign-on bonus of $1000 following satisfactory completion of the introductory period," or "Suzy will receive a sign-on bonus of $1000 following satisfactory completion of background and reference checks." We put this information in our offer letter.

    Hope that helps!
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  • tmperrytmperry 31 Posts
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    When I was at the call center we did a sign on bonus. It was a gradual bonus received though - after successful completion of 30 days the employee received $150. At 60 days $150 and at 90 days $$200. You might want to emphasize "successful completion" - not that they are just still there but are meeting all attendance requirements and satisfactory performance standards. We also set a standard that re-hires were not eligible unless they had not been with us for a set amount of time.
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