don_ram86 OP t1_jecwfcd wrote on March 31, 2023 at 2:19 AM

Reply to comment by MarcableFluke in Retention Bonus mathematics by don_ram86

Their has to be a way to account for how long it takes to aquire a new position. Vs a retention Bonus. .... are you saying at 8month from your Bonus you would accept 113% of your salary to take a new position and forfeit the bonus?

MarcableFluke t1_jecwq5e wrote on March 31, 2023 at 2:22 AM

No. What I'm saying is if you started at the new position today at 113% of your salary, it would take 8 months to break even on the retention bonus.

don_ram86 OP t1_jecx95u wrote on March 31, 2023 at 2:26 AM

So how much would the offer have to be to accept it and forego the bonus?

MarcableFluke t1_jecxs3p wrote on March 31, 2023 at 2:30 AM

Depends on how long you expect it would be for you to get a similar offer.

don_ram86 OP t1_jecyav0 wrote on March 31, 2023 at 2:34 AM

I've been all over the place. 6months, 11months, 2x zero (I accepted an offer while a retention Bonus was on the table) that's been my personal history. I have no idea how that compares to an industry average.

MarcableFluke t1_jecyl0i wrote on March 31, 2023 at 2:37 AM

Then I have no idea how much the salary would need to be to offset the retention bonus. You're asking about a mathematical calculation and can't provide all of the terms to make that calculation.

don_ram86 OP t1_jeczkkk wrote on March 31, 2023 at 2:45 AM

Does the absolute amount matter?

If it does. Call it 100k salary with a 20k bonus for staying 8months ... what offer would it take today to forfeit that bonus?

MarcableFluke t1_jed04jc wrote on March 31, 2023 at 2:50 AM

Again, it depends on how long until you expect to receive a similar offer. You're trying to solve a mathematical equation without filling in all of the variables.

don_ram86 OP t1_jed10ik wrote on March 31, 2023 at 2:57 AM

Lamo.... I provided my personal experience. It has been 4.25month which is my personal experience in job searches... but i have no idea if this 'normal' since the first was 6m in '08 ... 11months in '11 and 0 months in '14 & '15....

So I'm trending down... but I have no idea what is expected in the current environment.. that's why I am asking.

Thanks!!