Stay Bonus

Anonymous

March 31,2022 at 11:02PM UTC

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Stay Bonus

Does anyone have any experience with stay bonuses? Like - if your company wants you to stay during a large project, how much would you expect to get compensated? It would be 9 months. At the end of that time, your role would continue like normal.

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AnonymousApril 1,2022 at 12:00AM UTC
my company initiated a "stay" bonus for our full-time analysts after making multiple changes in their position including reclassifying them from salaried to hourly. The reclassification occurred last summer. The "bonus of 5k " will be paid if they remain in the department/organization until 6/1/2022(the end of the project).
AnonymousApril 1,2022 at 1:59AM UTC
My stay agreement included compensation of a 20% salary increase and a bonus at the end of my term of $15K
The company I was employed by was acquired and the new owner is who approached me with the offer to stay on for 6 months during the transition. From July through January. My husband and I went to Hawaii for 2 weeks in February so it was well worth it for me and the company saved the consultant fees they would have had to pay to have someone figure it all out if I had left.
Win win.
AnonymousApril 1,2022 at 2:20PM UTC
I was offered a $10k rentention bonus to see the completion of a project (9 months away at that point) when I threaten to walk, along with a $10k raise to effective immediately. I ended up walking at 8 months (project was completed early) but left the bonus on the table for a new job.