{ "media_type": "text", "post_content": "Hello Fishes..\n\nI have a query about retention pay, I have retention pay given to me every month. The offer states it will be a part of my compensation for 24 months. \n\nIt doesn't mention anywhere about returning it in the appointment letter/offer letter If I leave. \n\nWould I have to pay it back, if I leave, let's say before 24 months? Please help me figure this out.", "post_id": "61ee57c445a671002c01ffad", "reply_count": 5, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Hello Fishes.. I have a query about retention pay, I have retention pay given to me every month. The offer states it will be a part of my compensation for 24 months. It doesn't mention anywhere about returning it in the appointment letter/offer letter If I leave. Would I have to pay it back, if I leave, let's say before 24 months? Please help me figure this out.

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Post the agreement for us

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Surely there is language in your offer about a payback? Did you ask HR?

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There's no language related to payback on offer letter or appointment letter. HR had mentioned that one has to return if leaving before 24 months. However, its not mentioned anywhere in fine print in the documents they made me sign. Like offer letter and AL. Thanks.

OP - is there language that just says it’s “retention pay”? Maybe check the definitions to see if they then define retention pay. Otherwise it’s a poorly defined agreement but are you willing to take them to court over it if you leave?

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Check the Employee handbook or the policy manual for details on the retention pay. They usually have the details on it. The name "Retention Pay" sounds like it comes with a catch. If you are really leaving your current company, maybe you can ask the new company to pay it for you.

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