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I’m an SC but have no MBA. At this point (29, married and expecting kids, have a house) is it worth it for me to pursue an MBA? I have a lot of family responsibility coming up so not sure if I can afford losing income for 2yrs and take on 100k+ in debt. Am I thinking too short sighted? Will having an MBA have a dramatic impact on my career here at Deloitte? Figuring this out is my New Years resolution next year.
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Asking the HR basic questions about your contract that you are signing , should not “create target on your back”. You would rather make assumptions based on anonymous responses here?
People have started watching too many soap operas and have lost basic conversational skills.
HR is meant to look out for the best interest of the firm and I can get why someone would be weary to give them an indication they’re a flight risk in this job market. And they do track that as I’ve heard it come up on internal calls before.
Personally wouldn’t tell HR and would if I found another offer, would either try to negotiate what I’m losing as a signing bonus or accept losing it for a better job.
It’s unlikely prorated… it’s to keep you there otherwise you’re going to be giving something up to leave.
Similar to getting a sign on bonus. If you leave in the first year (sometimes 2) you owe that sum back. Those you’ll typically see language essentially halving it if you stay a year and leaving say 15 months in. You’ll owe half it back.
Retention bonus is usually the whole thing.
These things should be clear in the contract though. When I went through this with a counselee, HR was very clear it was a 12 months clawback. Not prorated.
lol I’d ask. I asked PwC about mine for the sign on about 16 months into the 18 month agreement and I knew the dates. I just wanted to make sure I wouldn’t screw myself accidentally. I turned in my two week notice one day after the clawback expired.