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Quantitative Finance · Glossary

What is Sign-on bonus, guaranteed bonus?

Also known as: sign-on bonus · guaranteed bonus

Definition 13.4 The Industry: Firms, Roles and Careers · Chapter 13 — How Pay Works

A sign-on bonus is a payment on joining, usually repayable in full or in part if the employee leaves within a stated period. A guaranteed bonus is a variable award whose minimum for a stated year, usually the first, is fixed in the offer.

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