Hi all! What are the tax consequences of paying back a $55k sign-on bonus after one year with a two-year clawback?

Does tax get taken out automatically?

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

You’ll have to pay back what you owe pre-tax. Then you can claim it on your tax return and get a refund

like

Ok, thank you.

Nothing. Just don’t pay back the sign on

likefunny

Probably. If they remember or if it’s in the system.

EYP?

I will never say :)

It was actually just a question.

Related Posts

Does salary negotiation happens during internal transfer? If someone has experienced it can you tell a little about it. What is the hike that can be expected?

like

What is A1 comp. situation in an elite boutiques in London? Thanksn

What would be the variable bonus and hike % this year in GDS from Senior to Manager promotion?
And what was the % last year for the same scenario?

like
like

Welcome to the Salaries in STEM bowl! 💸

For the best response to your post, please include the following:

Your location or HCOL/MCOL/LCOL ("high cost of living" city etc), years of experience, and any other relevant information for context.

Example:

"Engineer in a HCOL with 5 YOE currently making 85k and know I'm very underpaid. What should I be aiming for?"

These variables have a great affect on salary and you'll get better answers the more details you provide.

Cheers!

likehelpfulupliftingsmart

What is the expected salary for SVP II in Citibank In Charlotte North Carolina

like

Marketing Career: When should I move to the director level? I have 4-5 years of Growth Marketing experience and my salary is stuck at $100k. I want to make $200k within the next year - what should I do?

like

What would be the starting salary for a manager in PwC AC?

like

Has anyone heard of Steadily Landlord insurance?

like

Any thoughts on $Riot short term calls (12/31 or 01/08) given Bitcoin is 🚀

like

Which is better to join for long term..KPMG India or PwC India ?
In terms of yearly growth, increment and bonus etc

like

Can anyone share what is the avg salary for client experience specialist at ADP India. YoE 5 with MBA from tier 1 Bschool.
TIA

like

is the rental market getting better?

likefunny

Hi,
Working in Cognizant India
Experience : 5.5 yrs
New Job:
Accenture Baltics
New Job location: Lithuania (relocation)
New Rank : Senior Java Developer
Q. How much should I quote as my monthly salary expectation ?

Accenture

like

Does anyone here know how much a senior solution engineer makes at Okta? Also if you’re a senior solution engineer elsewhere, I’d love to hear the salary range to get some context of what it’s like at other companies. Appreciate it!

like

After all the compensation increases due to the tight job market and inflation over the past year, does A&M still rank towards the top in total compensation for M&A employees?

like

Can anyone help with the L&T Smart World Planning Manager Salary range .
Fixed + Bonus ??

like

Where would you invest a $100k bonus in the current markets? Was thinking about a split between crypto interest accounts (in USDC), stocks, and crypto… but BlockFi legislation and general shakiness in the markets have me worried.

Just paid off student and car loans, and gave a fair bit for my parents’ mortgage.

like

More Posts

For those that are landlords, where did you get the capital for your first investment? Did you buy the property outright, or take a mortgage?

like

Making $130k base in TX, can I afford a $60k car? Or should I move to a city where I don't need a car?

like

Is there some comprehensive doc that maps MBB consulting levels to typical FAANG exits, types of groups etc? Or is this tribal knowledge?

likesmart

Hello mates,
Just joined Infosys on Monday and got a call today for an opening in Unilever project. The person mentioned that I will be replacing another resources for now who is on medical leave and would be working on something that is a little below my skill level. Once that resource is back (after 2-3months) I would be transitioning to a better role with more options to look and learn.

As I'm very new here, should I be trusting the word of mouth? It all happened over call. Please suggest

like

Hey Sales people! I'm actually news to sales and struggling to get get traction (start-up) for SIP Trunking / Teams Direct Routing Services.

I used Apollo as a way to find leads and get an email contact. Although after just 30 emails over a week I found myself being marked as spam.

My next step is LinkedIn as I dont want to risk my domain reputation.

Anyone have some advice for selling in this field?

like

Is KPMG working hybrid, remote, or in office? This is for the Strategy group

like

Odds national parks are closed in July?

like

10 YoE in Consulting and now BizOps. What should I expect for a tech company RSU refresh as a top performer in the group? Curious to hear how Atlassian stacks up against other Tech companies.

like

Hey! I am starting Vyvanse tomorrow. I am a lil nervous because I always have trouble falling asleep even with no ADHD mention. If you take Vyvanse, what do you do to prevent insomnia? I appreciate any tips!

like

I have about 20k in a high yield savings account; interest rates are going down, so wondering if I should invest elsewhere? Any recommendations of a safe-ish investments or accounts to look into in the current market? Feel a bit lost and don’t want to sit on my money. I’m 24 and moderately risk adverse. Thanks in advance!

like

How do you handle if both j1 and j2 offer health insurance or 401k? Do you decline if they’re the through the same provider?

like

Do you think "Age" has a privileged for good Salary numbers.

Eg. 20 years experienced person should get paid more than 2 years skilled person. just because he born earlier and having 18 years more experience in dealing with world.

Reference Note: Duniya Mc hai.

like

Hi Fishes,

Anyone works in AstraZeneca?

Anyone knows what is the salary range for C1 Career level in AZ ?

Do Like this post, Need 11 likes to open DM for referrals

like
like

What are some of the companies which offer permanent WFH?

like

Hi Folks,

I recently joined Capgemini

Are leaves allowed in probation period in Capgemini? Am I eligible to avail public holidays?

TIA😊

like

Why my everything red?

likehelpfulfunny

Going to Iceland for 10 days in the summer. Anyone had a great experience with a campervan or are hotels along the way a better approach?

like

Additional Posts in Compensation in Consulting

I have an interview with Guidehouse and I’m reviewing the benefits package. Could anyone share their thoughts on medical benefits and what to negotiate for. Coming in as a Managing Consultant in DC area. Thanks!

like

Associate starting at 68 with 1.5 work experience. Low balled?

like

10 YoE in Consulting and now BizOps. What should I expect for a tech company RSU refresh as a top performer in the group? Curious to hear how Atlassian stacks up against other Tech companies.

like

Does anyone at S& have the current SA and M pay + bonus bands?

like

Any information on AWS salaries for level 6 and level 7? There isn't much information out there on glassdoor or salary.

like

Got an offer from a tech company, my friend says negotiate with the HM. Should I negotiate with the HM or the recruiter? Thank you!

like

Detroit 🐠: I feel slightly underpaid at manager level and wondering if it’s comparable to other fish.. it’s hard to tell when comparing to individuals in NYC and such! Thanks ❤️

like

What kind of benefits package does navigant have? More specifically what are the costs on the medical package? What is the annual deductible? What is the out of pocket maximum for in-network services provided? Thanks in advance.

like

I'm looking at my bill rate vs. hourly salary. My bill rate is more than 3x my bill rate. Is this reasonable? What is normal? What other factors should I consider?

funnylike

D Fed Manager 1 salary? Base+ bonus in consulting (S&O)?

like

SM1 non-MBA in Strat IT Advisory in Toronto. Grew up at EY starting as S1 over 11 years ago at 40k base. Now at 126k base feeling severely underpaid. How much more could I get at B4 or industry or EY?

like

Anyone know the salary expectations for a senior manager enterprise strategy position at Lowe's Companies, Inc. would be? Is $180K to $200K reasonable?

like

Thinking of applying to other digital consulting companies to use it as a tool for retention bonus and salary increase. Has anyone done this before? First year DD manager at 140k

like

Does anyone know/ballpark how much can I expect as a GTM Strategy Associate at JP Morgan?

like

Accenture Strategy 🐠 - are you getting raises and bonuses this year? If yes, is it the full cohort increase or is it less?

like

Firms that decided not to match comp increases - what was the reasoning? Different talent pools?

like

What are the Deloitte GPS salary ranges for non-technical folks for each level? Appreciate the insight.

like