Money in One Chartmoney at work
A signing bonus can come with a string attached, and the string has a date on it.
Most signing bonuses must be repaid if you leave within a set period, often a year. Read the clawback clause before you spend it.
You asked for the three-question card. It is below, as the slides from the post, then the one move, then the tool the chart points at.
Ask these before you sign.
- 01How long is the repayment period, and does it prorate?Twelve months with proration is common. Twenty-four with none is a red flag.
- 02Is repayment on the gross or the net amount?Gross means you repay tax you never received.
- 03What happens if the company ends the job, not you?A fair clause waives repayment on layoff.
The tool this chart points at
A high-yield savings account
FDIC-insured, no monthly fee, no minimum balance. Where the emergency fund lives.
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