Hello All,

Sign on bonus clawback

"In the event of your resignation
or termination, for any reason whatsoever, from the company prior to the completion of one year from the date of joining that you shall return the entire Bonus to the company"

This means , I cannot even resign before 1 year and serve notice period. I.e resign in 9 months and serve 3 months notice. Or only resign after 1 year

Anyone faced this situation

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

You can resign only after complete 1 year to retain bonus.

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What about the second part that gets credited after 6 months of joining. That also has 12 months clawback or 18 month??

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+1

Companies give bonus for retention only.

Its for retention means if you leave before a year, you will have to return it.

If u leave the company within a year u have pay full amount including tax deducted.

No need to return bonus.

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