:40 read | Take the poll on LinkedIn here
Year-end bonus season is upon us. As I mentioned last week, that causes a lot of hesitancy for people making job changes.
When you’ve got a fat check coming in a few months, you tend to stick it out.
So yeah. Another challenge for hiring companies.
The sign-on bonus (cash when you accept a job to negate lost earnings) is the one lever companies have. Throw money at the problem.
But there’s a couple challenges there:
Internal equity: are you causing issues giving sign-on bonuses to one employee but all?
Feasibility: How many companies actually have the cash to do it?
What I want to find out today: How many companies do sign on bonuses, either in select situations or at all?
And how does this compare to expectations job seekers have? And their willingness to give up their yearly bonus? (Previous poll results here.
And yes...this is all data collection for a future episode of The 10 Minute Talent Rant (w/Jeff Smith). Full episode list here.
You can follow me on LinkedIn here. Join the discussion on this LinkedIn post (or give it a 👍) here.