I started at Citi last year. They guaranteed my bonus for the first year. I remember hearing that I would have to give it back if I left within a year. Does anyone remember if the requirement was a year from hire date or a year from receiving the bonus? This place has changed too much from what I was hired into so weighing my options.
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LMAO... I've been here for 5 years and my Manager has been lying to me every year saying there was no bonus... then I overheard other team members discussing how they couldn't believe their bonus was cut in half this year. Senior Management is so evil in the Technology, Finance area.
I posted the question. I think for Director and above they will guarantee what your first year bonus is. It helps with leaving money on the table from your previous place and also sets your target bonus going forward. I started in July and was given a full year bonus in February.
I don’t know what I did with my offer letter. I am guessing it is full year of work and not payout date.
sign-on bonus - you have to return if you leave firm within one year from the hiring date.
You prob need to clarify whether this was a sign-on bonus, or a guaranteed discretionary bonus. Either way, I assume the answer is that you have to be employed in total for a full year.
Read your offer letter. If it says nothing about it, you keep the money.
You receive bonus after worked a year. Are you talking about sign in bonus?