Leaving my current gig at the end of the week and will need to payback $20k in a signing bonus. Curious if any fish have been successful in asking for some sort of payment plan on this repayment?

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Posting as :
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Ask for your new firm to cover it

Oh yeah they’re giving me a $25k sign-on bonus but payment would be ~30 days after I start hence why I’m looking to do a payment plan rather than just being out the amount up front.

Does the payback include any taxes you paid?

Yes since it was paid out in 2020 and I’m repaying now I have to pay the full grossed up amount and receive a deduction for overpayment when I file taxes for 2021

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I had to do the same thing. Talk to your talent rep (they’ll assign you one when you resign) and have a date in mind for the final repayment, they’ll ask you

For reference I negotiated mine to be a month out, ended up paying it back sooner since my new signing bonus hit right away

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