How ’bout my signing bonus? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
If you’re launching a job hunt for the first time in a while, here’s good news: Signing bonuses are all the rage. As of mid-1998, employers in many industries were resorting to lump-sum cash payouts ranging from 5 percent to 25 percent of a newcomer’s first-year base pay to attract top candidates.
Example: In a survey of 100 high-tech firms by Advanced-HR Inc.of Saratoga, Calif., 18 percent said they often offer hiring bonuses and 65 percent said they do it sometimes.
As a rule, check with recent hires about signing bonuses before accepting a job offer.
Every day, key meetings take place in your office. And the decisions made as a result of these meetings can involve millions of dollars, and even change people’s futures. With everything that’s at stake in today’s challenging times, it’s no wonder that employers prize accurate minute-taking skills more than ever before....Click here to find out more.