Does Citi really go after your sign on bonus after you quit? Pre tax and pro-rated or pre tax full amount regardless?

like
Posting as :
works at
You are currently posting as works at

This is something you should negotiate with your new employer. My old job took back my bonus. JP was happy to take care of it.

like

Yep. Most firms are pretty serious about their claw backs otherwise it would be an empty threat. Full amount pretax, not pro-rated.

like

Yup

like

^that meant you will lose money cuz of tax?

like

@citigroup1 you knew someone who chose not to take it?

like

They’re going to waste time and effort over that? Doubt it? I’ve heard of people leaving and not paying back. Any one actually hear of enforcement?

like

How long after you’ve joined is this?

Yes. Pre tax. So you get screwed on the tax.

Think you can elect not to take it though .. if you're def sure you'll leave within a year

Somebody in my class said they didn't take it .. but they had a job lined up and left in a couple months

How exactly do they go after you?

I presume they will sue your pants off.

They won’t sue. It’s all part of the offer you signed. It’s not slavery, You are free to leave but needs to payback. That is all

I mean to say if you don't pay it back.

A friend of mine had them threaten litigation multiple times when he refused to pay it. He eventually ended up paying it, so I’m not sure if they would go through with that or not

Related Posts

Hi,
I had call with the HR for he position based out of Mumbai everything in interview and they are ready to share the offer. however, I quoted for 10 lakhs and they said for fixed pay of 8.75.
Although, i checked on Google as well average pay they are giving is 9.7 lakh
So should I accept the offer as per their negotiation or shall positively tell them why 10 lakh is justified?

How much does a senior consultant make in Chicago in strategy and operations?

like

Copywriter with serious imposter syndrome at new job! How do senior writers up their game? Was in-house 1.5 years and underpaid in NYC. With only previous freelance experience (and nonprofit and grant writing before that) figured I had to slog through it for years. Cut to now, 6 months into a new copywriting role at huge tech company. My salary almost quintupled overnight. I think I’m doing great, but that depends on the day and who I work with (no other writers by the way).

likeuplifting

Hi Fishes,

What grade can I expect in Persistent for marketing track with 10 yoe?

like

Does anyone have any insight on Jackson Lewis’s partnership track?

like

Hi All,

I've just applied for a Senior Manager role in EY for their Oracle EPM team. I have a total of 7 years of experience. How much should I expect?

like
like

I feel like my boss is sexist and unfair. I've worked here for three years and he's never once given me a raise. He told me once that women aren't good at sales. What do I do?

like

Hi HR Professionals! I am revising our current employment application form. Per SHRM, I was just curious if any HR Professionals completely removed the following fields: social security number, recommend salary, graduation dates, military discharge info, race, maiden name like (Ms. Mrs. Ms), & criminal history questions. I was just curious what other Employers/HR Professional have done. Any information is greatly appreciated. Thank you!

like

Hey fishes,

Help me to choose out of the below .
1) U.S Onsite from current company with 74k
2) Offer from EY, TCS with 13lpa package

YoE : 4.5
Tech stack : Data science, Python (1yr)
Current CTC: 5.5 lpa

like

Ah the great Ad Agency Bubble, your agency is doing great, growing exponentially then boom, clients are lost, there are layoffs and there are no raises/promotions for a year. What do you do jump ship?

like

Hi All - Ballpark in GBP what would a reasonable relocation package to London be from outside EU e.g. USA or Australia? This would be for a single person for context.

like

Hi EY folks,

My DOJ at EY IN Chennai is 25th Jan 2023. Is this the correct time to join?
Should I try to prepone my joining in the last week of Dec 2022.?

SAP SD, Pune, Infosys
4 YOE.
OFFERED CTC - 13.61 LAKHS
Fixed 11, 2.61 variable.
I am not given any joining bonus. It will be applicable if i join within 60 days.

I got selection mail from tcs on 22 Aug, they asked to upload documents next day. HR discussion is not done yet , how many days they take to do the hr discussion after uploading documents ?

What's the max salary given to Test Automation engineer? With 3.5 years of total experience?

@infosys
@cognizant
@accenture
@Tcs
@wipro
@Deloitte
@capgemini
Or any other company

like

Hi Fishes,
What kind of projects are expected in "Deloitte Support Services India" ?

like

Why is HCL delaying the offer letter?

like

I see only people with huge lpa of 15lpa+with yoe 2 to 3 here. Anyone with yoe between 3 to 5 but is having an median salary of 5 to 9 lpa here? Just wondering!!!!!

like

Can someone throw some light on how wallet balance works in Zoho Zoho Corp . Couldn't reach any HR for the info?

like

Just realized excel has a new feature to analyze data in excel. Do you think this will impact the need/want for data analysts? Will the compensation go down or do you think it’ll have no impact?

like

More Posts

ANY REVIEWS FOR HOMESTARS?

like

Is congizant doing layoffs?

like

How do you deal with a boss that wants you to quit and is becoming increasingly more abusive. But you haven’t found a job yet and need this job financially.

like

Nielsen costs. How do you record expenses given they invoice based on prior 6 months. Do you record based on the invoice or month of service?

like

I work in deloitte USI. I have a medical condition can I request for a permanent WFH?

like

Hello everyone,

Need your help to choose which is a better path to switch from Non IT to Core domain.
Confused on what to learn software testing or AWs devops or front end development etc.

Thanks in advance for your suggestions.

like

Hi fishes , I want to know in which month of the year , Cognizant will give yearly increment.

like

This query is w.r.t to TCS, After the interview call, how many days does it take to get a call from HR. Will there be any change in status over TCS ibegin portal to understand the status of candidature ?

like

Anyone joining EY GDS Pune on Aug 17th?

Good morning, I am a recent under-grad and working as a BI Developer. I’m looking at transitioning to a project or product manager role and I have 1+ YOE. I know the job market is not that great as of now but I’ve applied to countless PM roles and have had no success. I want to know from other PM’s if it’s necessary for me to get a PMP certification before I can get a job or it’s not that of a requirement?

like

How much salary does jp pay to promoted associates in India? Which are not in tech

like

Hi Guys.. I have an interview scheduled with JP Morgan Chase. May I know what would be the max limit salary which I could ask for 7.3 YOE, Java Full Stack Engineer.

like

Fishes, can someone please let me know that is there shift allowance paid to Jpmc employees? I got shortlisted for ccb lob and my shift timings are 12 pm to 9pm ist. Thanks in advance.

like

I started a new job as an “office manager” at the end of January. The duties seem to align more with those of an EA, and I’m ok with that. Except my boss is a control freak. He scolds me over every little thing, how I load the dishwasher, maybe I didn’t push my chair in. Last week he told me I needed to work on my appearance. I was shocked. I bought all new clothes from Ann Taylor that are perfectly acceptable for business casual. He hates me. Move on ASAP or try to stick it out ?

like

Any good books to help get you up to speed on real estate finance matters?

like

I am a registered sales assistant which means I have my series 7. I also have the 63 and my Life & Health license. I was a financial advisor but the role is commission only so I decided to take a role as an assistant for some time to learn etc. I really like my role, but I only make 32k a year and after taxes I only take home about 25k. I have a gut feeling that I’m not being paid market value but it’s tough to find comparable salaries. Do you think $15.38/hr is a fair wage in this case?

Average salary and raise structure in long term care? PharmScript Pharmerica CVS Health

Curious for negotiation purposes since we seem to only get one if corporate wills it every other year for <2%.

like

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

As someone who gets an offer to work in PwC, can I relocate internationally within PwC to other countries ? PwC

like

Looking for inspiration from real people versus youtubers..

Post a picture of your home office. Starting my first WFH job and I'm looking for ideas! Top accessories? 13x13 guest room is the desired location. TIA 😊

like

Additional Posts in Finance

Anyone else seeing these tech stock prices? Go check AMZN, MSFT, and AAPL

like

Opinions on headshots? Should I get one?

like

To the people that dump loads of $$$ on mobile or computer games as a way to chill after a crazy day, why do you do it? I am thinking there has to be better way to cope.

like

Best way to prep for PE interviews in your downtime at work?

like

Tip for anyone taking the CAIA exam, get UpperMark. Was using willey and was abt 1/2 complete and borrowed a friends test bank … night and day much harder and honestly was more like what I expected

like

recently moved to a new city where i have to take the metro 20 min everyday each way. any recommendations on what’s to do during that time other than listening to music/audiobooks?

like

Gluck to all those studying for the CFA, seriously applaud your dedication. this amazing weather is just too hard to pass up. nothing like sippin an ice cold beer out on the patio...

like

Associate's red manicure looks pretty. Should I complement?

like

What are the typical vehicles VPs and Directors are driving these days?

like

Forget Secret Santa presents and gifts for your SO, the real question is what are you getting for yourself for Christmas?

like

What questions would you ask a recruiter when discussing benefits? What’s important?

Any good stories from 2008-2010?

like

How would you guys define democracy? And does the US live up to your said definition?

like

Hi!

I currently have a role in Tempe, AZ for a Sr. Manager of Payroll that is hybrid. The big things we are looking for is 10+ years of Payroll experience for a public company, strong ADP experience and people management experience would be nice to have.

If you are interested in Tempe or live in Tempe, AZ feel free to send me a message!

like

Unpopular opinion: gamo shoes are hideous

like

Is getting back together with an ex always a bad idea?

like

A colleague just "shamed me" about the size of my engagement ring. My fiance is a wonderful, hardworking guy who bought me a beautiful ring. I'd take a great guy over a large ring any day.

like

Transitioning from line of business familiarity (understanding financial statements) to... real(?) Finance (bonds and cap markets and other debt sales) any advice on books or resources to learn really from step 0?

like

Currently working on 2 deals, just assigned a third... Good time to start my all water diet for the next month?

like

There has to be a point where focusing on minute details generates diminishing marginal returns.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal