Anyone at EY heard of someone who tried to leave before their three year bond ended? Did they really give up a portion of their bonus back? Three years is a long time.

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Didn't know we did 10k+ singing bonuses..

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Signing bonuses >10k requires a 3 year prorated payback according to HR.

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Your $10k sighing bonus has a 3yr vesting clawback? That is ridiculous! That kind of vesting on cash shouldn't happen unless you're an exec with >$100k+

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What bond are you talking about? There is no bonded labor in US.

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Aahh.. Those are for the pro players.. I'm just a kid on the block.

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3 years? What kinda bond did you sign??

Following. Same boat...

MBA hires

Rumor has it that if you intern the clawback is only 2 years. I'm interested in this as well; 3 years is a long time

I used to work in Europe and this was routine there- they pay a $20k training for a new hire and you must be back prorated if you leave in less than 3 years

@EY1, exactly why I'm wondering if there is a loophole in this clause

From what I've seen, there's no loophole. The people I've seen break it have done it for a huge increase so it wasn't a big deal. They cut a check back to the firm and moved on.

My plan is to get it down to 1/3 and then save up some PTO to where that should cover most of it. Also, if you are being headhunted mention you are looking for a small sign on bonus to cover.

Not a "small" sign on bonus. A "material" bonus for signing, leaving your old job, and buying out the rest of your vesting

Yes. They will prorate it based on YOS and require you to pay it back.

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