Originally Posted by
slinger
So if the company gives a new hire $15k to sign on, and they bail after a few months, do they pay back $15k or just the $10k or whatever was deposited into their account after taxes? Something to think about for those who are thinking about doing the sign on and bail thing......not a good idea either way.
Well, the taxes would be the employee's problem. You would have to give back the $15K and then file an amended tax return to hopefully get back what the govt. took. This would really be difficult if the taxes were divided up between Fed, State and City...
If someone isn't planning on staying, I think it may be a good idea to just not accept the bonus. If someone doesn't want to stay for two years, then not sure why they would want to work there at all?