I was able to successfully negotiate a $10k signing bonus instead of the +10k base I asked for. I’m leaning towards taking this but curious if there are any drawbacks / others in similar positions?

likehelpful
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Of course they’d rather do $10k 1 time vs $10k extra on your salary yearly. Thats not good in my opinion. I’d rather the $10k guaranteed every year vs the 1 time payment. If they won’t do the $10k salary try to see if they will split it $5k salary and $5k sign on.

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Agreed. Thank you!

taxes

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That wasn't a win. You don't get a new signing bonus every year...

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Exactly my thoughts haha

Sometimes this is a way of a company getting around run rate/ one off costs on budget for that first year, they maybe have no room on salary but can give you the one off cost and then add the 10k at the salary review for the year after… but then it’s unlikely you will get any increase on that and/or guarantee that you will get the 10k extra anyway.

Obviously the 10k extra salary a year is better but the questions are 1. would you accept this position without that 10k and 2. Are you confident and have they stated you will get a suitable increase at salary review time (are regular salary reviews in place)?

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