{ "media_type": "text", "post_content": "Has anyone gotten out from paying back their sign on bonus for leaving earlier than a year? KPMG EY Deloitte PwC", "post_id": "627bd5e58c9feb00254d0e21", "reply_count": 19, "vote_count": 4, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null
likehelpful
Posting as :
works at
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No, not generally. You don’t have any leverage. Why would the firm negotiate with you?

Occasionally you’ll hear of cases where someone in HR forgot to click on something and the firm never comes after the bonus. That certainly happens, but it’s not something you can bet on. The one obvious case where you actually do have leverage is where you have the ability to drive significant revenue to the firm, so if you’re leaving for a leadership position at a big client the firm might negotiate with you there. And I suppose there have probably been humanitarian exceptions — if you get hit by a bus and are in a coma with less than 1 year at the firm, I doubt the firm will come after you for the bonus just because it’s not a good look and they’d want to avoid the headlines.

Otherwise, no, you can’t get out of it. Why would you think you could? You signed the contract, you have to live up to the terms.

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So…this might be highly contentious but it’s better to get fired than leave amicably within a year. In majority of cases, you get severance as well as they let the bonus be.

Think about it - if you are willing to leave within a year, you are not planning on coming back anyways. So just take the bullet but with the vest ;)

likesmart

Strategic

👀

I thought for a second I was going to because PwC offer letter stated they would claim it within 30 days of leaving the firm and they sent a letter about 3 months after

As p1 said, your firm paid the gross amount and that'll be what's due back. Up to you to get the taxes back from govt.

Yes. I was at D and left after 21 months. They asked for it back, I showed my utilization (over 100%) and MR numbers. They waived it

And finger guns I’m sure

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