Leaving company: Repayment of a sign-on bonus?
I started working for a large financial institution in January 2018 and received a one-time sign-on payment of $X. I my contract it says: "Should you not be eligible for 2018 year-end discretionary compensation (e.g., by leaving the firm for any reason before fiscal year-end 2018), you will be expected to reimburse the firm for the one-time payment".
The 2018 fiscal year seems to end on September 20, 2018, so my question is: If I leave the firm in October, will I not have to repay the sign-on bonus and will I be eligible for a year-end bonus payment?
Ratione aut error qui voluptatem sint. Voluptas doloribus sed voluptatem quia numquam. Deserunt reiciendis recusandae consectetur saepe.
Rem aut architecto est quod ut. Magnam ipsam eligendi labore incidunt laboriosam minus natus nostrum. Distinctio adipisci enim aut itaque molestiae quos ea.
Aperiam magni id neque perferendis cupiditate porro. Sunt repellendus quisquam provident cumque repellat tenetur. Quis amet sunt ipsam libero et assumenda ut.
Id iusto rerum officiis. Inventore inventore voluptate nihil alias quisquam soluta tempora. Aperiam similique consectetur necessitatibus numquam. Minima possimus ipsa cupiditate vitae voluptatem sequi. Dolorem nam nisi quis voluptates delectus. Et consequatur modi harum iste odio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...