Ask Experts Questions for FREE Help !
Ask
    nikalicious's Avatar
    nikalicious Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 2, 2007, 06:32 PM
    Sign-on bonus payback
    I received a sign-on bonus upfront of $1500 without any stipulations in the employee handbook or in my acceptance letter. After 78 days I resigned and gave my 4 weeks notice. They asked me to leave immediately. Now, 6 weeks after my last day on the job I have received notice that I need to repay the $1500 asap. I am wondering what my legal obligations are since I was not notified of any conditions when I received the money?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Oct 2, 2007, 06:39 PM
    There are always stipulations on "sign on bonus", it would have been made during your hiring negotiation.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Return Sign-on bonus [ 5 Answers ]

Hi My employer paid me a sign-on bonus of $5K two months ago when I joined them. The employment contract says that I should return the money if I choose to leave the company within a year. I have decided to leave the company for personal reasons. My question is that I was paid only $3117.50...

Sign on Bonus Taxrepay & deducting yearly bonus from my sign on [ 1 Answers ]

I got a $5,000 sign on bonus & left the company under 1 year. They held back my $3,033 yearly bonus to deduct it from what I owed them in sign on. BUT they took taxes out of the $3033 bonus before deducting it from what I need to pay back. So they are subtracting $1817 from $5,000, saying I...

Sign on Bonus [ 2 Answers ]

Should my Sign on Bonus be taxed in the check or should I take care of it myself at the end of the year?

Sign On Bonus [ 1 Answers ]

How do I ask or negoiate a sign on bonus?

What to do with a Sign-on-bonus [ 1 Answers ]

Can I have my sign on bonus given for 2006 tax year even though I started working January 8th, 2007? I don't like how my $5000 sign on bonus reads: 10% simple interest if I do not stay 3 years, payable upon termination, and that if they took me to court I may have to pay their court costs. I...


View more questions Search