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Hokie1992

Joined: 01/05/2001 Posts: 15467
Likes: 8527


Lesson I've learned after 25 years in the work force is that its a zero sum


game. People will celebrate negotiating a signing bonus or bigger salary or more vacation up front. I certainly advocate negotiating the best deal you can up front. In the gig economy, changing jobs is the fastest way to increase your salary, and build your skillset.

That said, the compensation you receive is driven by market forces. If your skill set is in demand, you get more money. When the need for your skills decreases, so does the money.

Within the narrow subset of one's compensation negotiations, whatever you can work out is still a zero-sum situation. There is range the company can afford to pay you. They can adjust the pie to include a signing bonus, more pay, vacation, training and other perks. But at the end of the day, your overall compensation is a fairly set number.

Even if you do get a great offer, the company still has to make the numbers on the back side somehow, whether by smaller pay hikes, more work demands, etc.

Per your question, the hitch with a signing bonus is that it comes with an obligation to stay in the job, or repay part of the bonus. The question I think is why are they offering a signing bonus? There is a reason, and more then likely, its not related to the prospective employee.
[Post edited by Hokie1992 at 07/13/2018 06:15AM]

(In response to this post by DaveVT)

Posted: 07/13/2018 at 06:13AM



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Current Thread:
 
  
Anyone taken a new job with a signing bonus? ** -- DaveVT 07/12/2018 9:28PM
  This helps! Thanks ** -- DaveVT 07/13/2018 06:25AM
  Thanks! I am a real estate agent —- -- DaveVT 07/13/2018 06:22AM
  Yes.....Not that unusual ** -- CrystalCoveHokie 07/12/2018 11:24PM
  Yes. It’s a one time expense to the company. -- Betabeachbum 07/12/2018 10:23PM
  What industry are you in? -- Tombo 07/12/2018 11:16PM
  Re: What industry are you in? -- DaveVT 07/13/2018 06:24AM
  I've offered both ** -- TomTurkey 07/12/2018 10:51PM
  I thought you were asking as an employee. ** -- Betabeachbum 07/12/2018 10:56PM
  Never got that chance for me -- TomTurkey 07/12/2018 10:57PM

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