I live in Texas. I’ve been working remote since the pandemic started and it kills me. It looks like I’m finally going to get out of the house and a new job is going to make me an offer. But there’s a catch.
My current job has a fiscal year end of march 31. And I would be walking away from a large bonus. The bonus is discretionary, so as far as I can tell, I would potentially be walking away from a 20% bonus. Not a small chuck of change. New job is a pay boost but not substantial. Bonuses won’t be settled until at least mid April.
Headhunter found me and I am about to have a third interview in a week, unheard of in my experience. Any way to get the new job and keep my bonus?
New job offer vs current job bonus
byu/Whiskey_Neat_smoked inpersonalfinance
Posted by Whiskey_Neat_smoked
6 Comments
You can often ask for a sign on bonus to make up the difference in what you’d be leaving on the table.
Ask new job to postpone start date to closer to end of April. Tell them you need time to transfer goals and projects to coworkers for smooth transition.
How much vacation do you have banked at current job? You can use that to bridge some time too.
It’s already the end of March and you don’t have the offer yet. This doesn’t sound like it will even actually be a problem.
Postpone your start date or ask them for a sign on bonus to make you full. This is normal for example in tech.
You don’t have an offer yet. None of this is really an issue at the current state.