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Old 08-31-2018, 10:29 AM
  #11  
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Originally Posted by pitchtrim View Post
12 months.
That’s pretty quick. Hopefully it’ll stay fast.
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Old 11-30-2018, 12:47 PM
  #12  
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Is the 26k plus 5k only good for the first yr? If I leave after the first yr do I have to pay anything back?
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Old 11-30-2018, 01:32 PM
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Originally Posted by jetlag q View Post
Is the 26k plus 5k only good for the first yr? If I leave after the first yr do I have to pay anything back?
Its a two year commitment. If you leave in the first year you have to pay it back. From year 1 to year 2 the bonus is pro rated quarterly and its considered "earned" by the end of your second year.

You can choose to take the bonuses and stay for 2 years to keep it, or you can defer them and receive all of it upon completion of your second year and keep it all.
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Old 11-30-2018, 09:02 PM
  #14  
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You can also defer it and take the payments monthly during year two (months 13 through 24 of employment). That way, you will owe nothing if you leave early.

Originally Posted by StrykerB21 View Post
Its a two year commitment. If you leave in the first year you have to pay it back. From year 1 to year 2 the bonus is pro rated quarterly and its considered "earned" by the end of your second year.

You can choose to take the bonuses and stay for 2 years to keep it, or you can defer them and receive all of it upon completion of your second year and keep it all.
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Old 11-30-2018, 09:51 PM
  #15  
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It’s also not $5k “day one.” The first bonus pays out on your 2nd to 3rd paycheck, depending on the specific day you start and whether or not you need to go through the ATP-CTP course.

Just be aware of that if you are counting on that money for your planning.
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Old 12-01-2018, 03:37 AM
  #16  
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Originally Posted by StrykerB21 View Post

You can choose to take the bonuses and stay for 2 years to keep it, or you can defer them and receive all of it upon completion of your second year and keep it all.
Not exactly, unless it changed recently. If you defer it’s paid in 12 installments, during months 13-24. Each payment is yours to keep once it’s paid out. You don’t have to wait for the end of the second year to get your money.

Again unless they changed it recently.
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Old 12-01-2018, 05:11 AM
  #17  
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Originally Posted by Soxfan1 View Post
Not exactly, unless it changed recently. If you defer it’s paid in 12 installments, during months 13-24. Each payment is yours to keep once it’s paid out. You don’t have to wait for the end of the second year to get your money.

Again unless they changed it recently.

There are so many rumors swirling its hard to keep up with whats fact and whats not.
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Old 12-01-2018, 05:26 AM
  #18  
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Originally Posted by StrykerB21 View Post
There are so many rumors swirling its hard to keep up with whats fact and whats not.
I know right. Haven’t had many updates from the DO or CP lately either.
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Old 12-01-2018, 09:25 AM
  #19  
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Originally Posted by StrykerB21 View Post
There are so many rumors swirling its hard to keep up with whats fact and whats not.
I would just contact a recruiter and ask them.
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Old 12-01-2018, 10:24 AM
  #20  
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Originally Posted by lukeh99 View Post
I would just contact a recruiter and ask them.
“Yeah you get the entire bonus on day one with no obligation. Sign here.”

Talk to someone in payroll or HR. Everything else is hearsay.
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