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ChadTower:

Bonuses get taxed at like 40-45%.  I hate that.

shardian:
Signing bonus? You mean those actually exist? I thought it was yet another one of those cruel jokes that college career specialists tell you. ;D

Apparently the job market is pretty good now. 3 years ago, it sucked major balls for Engineers and other technical people. Everyone in my graduating class had to fight over crap jobs.

shardian:

--- Quote from: ChadTower on June 29, 2007, 11:41:44 am ---
Bonuses get taxed at like 40-45%.  I hate that.

--- End quote ---

You get it back in tax refund anyways.

ChadTower:

Maybe, maybe not.  Often times that signing bonus is for a job that just put you into a higher income bracket... and if you weren't paying that higher bracket for much of the year, the entire overage ends up eaten in making up the difference between what you were paying in months 1-7 and what you now owe because of months 8-12.  That has happened to me a couple of times.

But yeah, used to be you could get a $5,000 signing bonus and they'd be happy to give it to you... now, entirely different scenario, no bonus, no stock options, most happy corporate benefits are gone.

HaRuMaN:

--- Quote from: shardian on June 29, 2007, 11:42:57 am ---Signing bonus? You mean those actually exist? I thought it was yet another one of those cruel jokes that college career specialists tell you. ;D

Apparently the job market is pretty good now. 3 years ago, it sucked major balls for Engineers and other technical people. Everyone in my graduating class had to fight over crap jobs.

--- End quote ---

Yeah, they gave me 3K for signing on.   8)  Job market is getting better, however, some of my friends that graduated with me still haven't found jobs yet...

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