{ "media_type": "text", "post_content": "Does anyone have suggestions for making an election to the 'senior bonus'? (Early career investment bonus)", "post_id": "5845cf57d06d6800102ce1e3", "reply_count": 8, "vote_count": 2, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Does anyone have suggestions for making an election to the 'senior bonus'? (Early career investment bonus)

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I did 3,2, and now 1, so all are due in same yr.

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Don't let the ECIB dictate how long you stay, it's a nice chunk of change but not worth a year out of your career. Instead use it to try and get a bigger sign-on bonus from wherever you're leaving to.

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More tax is withheld on the check upfront, but it's ultimately taxed at your marginal rate. So are all of your options. This myth oddly keeps getting perpetuated amongst professional service firms somehow. We should probably know better, people. ☺

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KPMG1: thought of doing that too; but, God forbid, what if you don't get promoted to manager by end of year 3 as a Senior? Not sure if I'm willing to stay extra year to collect that...

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Always do 1 yr, you never know when you are gonna leave

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I'm doing 3, 2, 1 as well. Agreed it should dictate your decisions, but if you're on the fence it is a nice incentive.

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The sheer attrition rate at B4 suggests one year is the best option.

After taxes, the 1 yr amount is not much of an incentive..

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