Will EY actually ask for my bonus back if I quit after a month? This was totally not what I expected... I hate it here and need to quit

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@Deloitte 1 - I have respect for someone who realizes they’re not a good fit and gets out early. But if you sign an agreement saying that you will forfeit your signing bonus if you don’t stay long enough, why ask if you are entitled to keep it? It should be assumed that they will uphold the agreement and you’ve done nothing to earn it

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Lol I like how everyone says "entitled millenials" whenever someone realizes that something is not for them and so they don't want to pursue it. You guys all think we're lazy kids who just cry about wanting new iphones? We work our ass off to get into overpriced schools so we can get jobs, and work out ass off just to realize that you jacked up the housing prices with less jobs out there. And you keep complaining that millenials don't want to do anything these days. Just bc you stuck with PA, you're making feel OP bad for leaving the industry? We millenials learned that pursuing our happiness has much greater gain at the end of our lives, which is very short to be judged by you old folks.

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You sound like an entitled millennial

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Are you willing to date someone who is completely not for you just because you think "but I've only dated this person for a month... maybe I should stay with them for at least a year just to see if it'll work out". No. I doubt that there are a lot of people out there thinking "man I still shouldve spent at least a year in PA". You all make it sound like sticking to PA is the greatest gift ever when more than half of you talk about wanting to quit.

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@EY3 maybe not, don't judge because they decided early on that it wasn't for them.

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EY6 you completely missed the point. He’s not an entitled millennial because he wants to leave a job after one month. He’s *literally* entitled because he thinks he deserves to keep the signing bonus.

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Or maybe they just don't know the process. Probably their first full-time job. A simple yes or no to OPs question would've sufficed and not some all this noise about being a millennial

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Employment bonuses are like a contract and they come with a timeframe at times. Generally a year. Dont let life changes impact you. Money is great but be true to yourself.

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Wow. You don't eVen know what the company is about at a month's time. You need to reconsider. And yes the firm will want your bonus back if you quite before a year's time.

Q: what is so horrible about the firm?

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@K3 they won’t need to sue him for it. It will be a receivable and they will factor it off to a collection company who will hound OP day and night for it. Not worth it.

likesmart

Young, old, baby boomer or millennial leaving a job after a month is stupid as you have no idea what the job or firm is really like. The B4 are some of the worlds largest professional services firms with a lot of different opportunities. Work the system to your advantage. I think the dating analogy is a false one as you have not made an important decision. A better analogy is if you got married , would you get a divorce after a month? My generation stuck with a job they did not like for years because there was a stigma to job hoping. Millennials are changing this for the better, but don’t tell me a month is ok—- just saying

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I’ve been here 6 months and I hate it. It’s just the group and not the company. Maybe try switching groups. Also do they prorate the repayment?

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To not completely ignore the question and go on some PA kool-aid induced rant like just about everyone else in this thread:

Yes, you will almost 100% need to pay it back if you quit within the specified timeframe in your contract. Usually 1 year, no it’s not prorated, yes you have to pay in full, no they will not forget about it, yes they will factor it off to collections and you’ll be hounded by a collection agency.

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Yes.

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If he's really only been there for a month, I don't think he knows enough about what he's doing to justify hating his job. My work in my first month is nothing like my work a 18 months in

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What bonus..a signing bonus or a performance bonus. A performance bonus is based on prior work so the answer is no.

likeuplifting

OP, new jobs take a little while to settle into. Give it 6 months to a year to see how it shakes out over time. You don’t have to stay forever, but give it a little bit of time.

For perspective, I started a new job in November and until about mid-January I thought I had made a huge mistake. Now, I am more integrated into my group, getting better projects and doing what I thought I would be doing. It just took a bit of time!

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Guys I don’t think I’m entitled. I was told a completely different thing by recruiters. I got a 5k bonus. The reality is that I’m not even an accountant doing accounting stuff and they lured me in by promising unreal stuff. It’s the best for everyone if I leave.
Now, I’m not gonna get into details but I was blatantly lied in order to accept and my life sucks. I worked absolutely every weekend since I began.
I understand you accountants know or think this is how it should be, however, the truth is that there’s plenty of other jobs (if you’re prepared) that will pay you the same or more. I don’t think it’s okay to let the firm take a toll on my life, my family, and friends. I personally do not believe that there’s anyone the truly loves working 80-90 hrs a week for months. However, I could be wrong and it’s my personal opinion

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Kpmg5 they will take it out of your last check. Between normal wages and accrued vacation they will get the money.

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How does someone receive a bonus within a month, unless we are talking CPA bonus?

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