Related Posts
Rising Star
Cameras must be on!
Thank you and we’re done!
Enthusiast
Additional Posts in Accounting
Last day and it feels so great!!
I am doing a poll of sorts. I got an offer from Deloitte as a Tax Consultant II in their Hedge Fund Group and an offer from PwC as an Experienced Associate in their Asset Wealth Management Group. Which one would you choose? Comps are very similar, PwC is just offering a little bit more but nothing too crazy. PwC Deloitte
Any clue when the scatter plots are out?
Does Deloitte cover your whole gym membership?
Chief
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
What kind of training are we talking here? I think if it’s an expensive course, certification or degree it could be fair. Why would a company pay for all of that and then risk you walking away?
Similar to a sign on bonus
This is normal.
Depends on what it is. Where ive had this apply to me it was ‘stay until x date or repay $y’. Repayment is usually a sliding scale, ie y gets less the closer you get to x.
It should be presented as a repayment obligation. You should never be obligated to stay in a job you don’t want.
Be careful if the repayment obligation is so large that you could not easily repay.
This is standard
Don’t consultancies do this regularly? Pay for an MBA, but require two years of work afterwards?
Why would it be a red flag for them to expect something in return for doing something for you?
It seems sketchy to me. In my mind the only to leave would be if I felt I was no longer fairly compensated so it seems more like a “lock” at a cheap labor price.
Red flag af
That’s normal, it’s called a clawback
For example, If they paid for the class today and you put in your resignation tomorrow, they’d expect you to pay them back for the class. If you stay 1 year (or 2 years, per their terms) then none needs to be paid back. It’s similar to the sign on bonus terms and such.
Very normal. A company that invest in their employees training/education want a return on their investment. They want to see their employees adding value and contributing to their organization.