Is a sign-on bonus a thing in our industry?

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I’m guessing only at the highest levels.

Usually only for SVP’s and up

Yes. I negotiated a signing bonus every single place i went and was much lower than SVP. It may not be as large as an SVP bonus but it was there. Signing bonuses are much easier to get because it’s a one time payment (vs jacking your salary which then compounds over time). If salary or other things lower than you want. Ask for the increase, but if that fails ask for a signing bonus.

So what’s an appropriate range for a signing bonus? I’m looking, and would like to include this in negotiations, but I have no benchmarks. Is it a % of the base pay or just a generic flat amount? $5k, $10k, $20k?

I’ve only heard about signing bonuses at Army recruiting offices

How is it taxed?

Signing bonuses are taxed like regular bonuses (so heavily - closer to 50%).

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