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w00t!
HaRuMaN:
--- Quote from: ChadTower on June 29, 2007, 11:52:19 am ---
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.
--- End quote ---
I guess it depends on who's hiring. I got a full relocation package, excellent benefits, company matching on 401K (up to 8% of annual salary).
ChadTower:
And where they are located. A company in a place without a strong engineering population is going to be more prone to that. No one in MA offers relocation packages. They never have to offer them because they can always find someone local.
Chris G:
--- Quote from: HarumaN on June 29, 2007, 11:54:46 am ---I guess it depends on who's hiring. I got a full relocation package, excellent benefits, company matching on 401K (up to 8% of annual salary).
--- End quote ---
Hopefully you're already aware, but MAX out your 401k ($15.5k this year) if you can. Or at a minimum, do 8% to get all the matching. It's better than saving or paying down the mortgage.
shardian:
I get a 5% matching 401k, but the real bread & butter of where I work is called an ESOP - Employee owned stock program. It outgains the 401k like 4-1. I also get a NICE holiday bonus and occasional smaller bonuses during the year if we are making money hand over fist. Unexpected extra paychecks RULE! :laugh2:
Having said that, I would still prefer the salaries I thought I would make while in college. Eh, maybe in a few years.
Jouster:
This isn't right...we tried hard to derail this thread from the beginning.
Oh well...if you have extra income...you could always 'invest' in the Jouster cab charity. It's a charity in which I accept obscene amounts of money to build to cabs for the underprivileged. While taking a healthy chunk for my uh...operating expenses...yeah that 's it...just a thought.
Jouster
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