don_ram86
don_ram86 OP t1_jeczkkk wrote
Reply to comment by MarcableFluke in Retention Bonus mathematics by don_ram86
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?
don_ram86 OP t1_jecyav0 wrote
Reply to comment by MarcableFluke in Retention Bonus mathematics by don_ram86
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.
don_ram86 OP t1_jecx95u wrote
Reply to comment by MarcableFluke in Retention Bonus mathematics by don_ram86
So how much would the offer have to be to accept it and forego the bonus?
don_ram86 OP t1_jecwfcd wrote
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?
Submitted by don_ram86 t3_1276u5c in personalfinance
don_ram86 OP t1_jed10ik wrote
Reply to comment by MarcableFluke in Retention Bonus mathematics by don_ram86
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!!