Originally Posted by
lava
Yes it does. See my earlier post. You pay back everything if you quit or are fired before completion of 13 months. The total payment is prorated from 13-24. So, stay 13 months, you only keep $3400, plus a little bit more for the previous type.
The bonus wording is deceptive... It's really a retention plan to get you to 2 years. Which, is good business, just call it what it really is.
Thanks! Exactly what I was looking for. I can't blame them for requiring a commitment, but wish they'd be upfront about the stipulations. If someone isn't planning on staying long I'd say take the money and put it in an interest bearing account. If things don't work out and you're still around, then you keep the cash and interest. If you roll early, then after you pay it back you have enough left over to buy a Big Mac meal.