Originally Posted by
TEX2
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.
Forgetting taxes. The bonus will be taxed at 35%. What is the bonus payment after OE? 28,000?
After the government gets its cut youll see 18,200 but will still owe 28,000. Be careful if you decide to leave early.