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Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
You that sure you won't stay? |
Originally Posted by ToddChavez
(Post 3531797)
1 year CD rates are 4%, take the 35k and pocket the interest after a year, then quit.
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Probably a good idea to consult a tax professional before accepting. Quick google search says if you pay it back in a different tax year you can get a credit for the federal tax paid but you eat the SS/Medicare portion.
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Originally Posted by Aero1900
(Post 3531863)
El Gipple,
You ask a lot of questions. I think the answer to all of them is; we are in a once in a career hiring environment. The industry has never had such massive amounts of retirement and hiring. |
Sign on/retention bonus
Deleted
Filler |
What about offering $ for those who have been here a while an incentive to STAY!
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Originally Posted by ReserveCA
(Post 3532050)
What about offering $ for those who have been here a while an incentive to STAY!
Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
I know other industries have signing bonuses and they claw back if you leave. But this is new territory for me, with no time to consider. The way the email and offer letter sound, it comes across as “you must sign this new offer letter to say you’re coming to class.” Im not trying to leave, so I don’t necessarily see a disadvantage, but I share your uneasiness/skepticism since it feels rushed. |
It won’t happen but it would be amazing if very few to no one takes it.
It’s hard to even get mad. This won’t work. Not even a little bit. |
Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
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Originally Posted by JoeFever1
(Post 3532092)
It won’t happen but it would be amazing if very few to no one takes it.
It’s hard to even get mad. This won’t work. Not even a little bit. Basically. This is a training contract with a different name?
Originally Posted by BiffleBalls
(Post 3532119)
We had an two year employment contract here a few years back. I don't believe anyone who left before the two years had to pay. I have never seen one of these contracts enforced, has anyone else? Go on take the money and run... WOO WHO WHO!
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