nope, usually the company will pay out the bonus seperated in a few months, so the staff resign they wont get those when they resign

this is called salary advanced. go labor department report them and tell them they under report your PCB.

It's so easy to throw the "toxic" term nowadays

Sikit2 toxic, sikit2 toxic

That’s not toxic? Really?

Also, to answer your question, you are obligated to return the sign up bonus if you leave or resign before the promised duration

You signed those papers, you enjoyed the bonus

Now you break the promise, you come here to cry?

Like I said, companies usually offer sign on bonus to attract talents but they usually come with terms that you have to stay in the company for x duration. This bonus can usually be in the form of 1-3 months of your salary, which is pretty lucrative. They take the upfront risk on you.

If you leave the company before fulfilling your promise, obviously you need to return it back.

I’ve worked with multiple MNCs, one large GLCs…and now retired.

Never saw such things before. Thats toxic to me, maybe not for you cause to you its normal.

Breaking your promise and hoping for no consequences is normal for you? Then I have nothing else to say

Then this is not bonus.
It is giving out handcuffs to lock you with the company forever.

Its not about the promise. Its the act of forcing people to sign an agreement to forfeit their bonus

I’ve been given bonuses without any conditions attached

That ensures my loyalty rather than some agreement

I bet you're one of those guys who blames the bank when you can't pay your debts

No one forced you to sign those papers

No one pointed a gun at your head

Now, you can't fulfil your end of promise, you run around and shout toxic

Withholding one’s bonus by subjecting them to sign an agreement is what one can also term as ‘holding to ransom’

Thats toxic behaviour right there

I used to work with one MNC that give sign on bonus, payable on sixth month, but need to stay for at least a year. Normal je.

I also previously worked with another MNC that acquired my then employer, and received retention bonus if stayed for 2 years iinm.

This post has been edited by genesiscopy: Jan 18 2023, 11:04 PM

Bonuses are not obligatory, let's get that out of the way

There are many companies who went under and have yet to recover from the pandemic

No one forced you to stay in the company

You signed those papers, you bear the consequences

It's as simple as that

Do you blame the bank when they come to repossess your property?

TS is referring to annual bonus ie performance bonus

Exactly. I can't believe I need to explain this to that cow above.

Its performance bonus, if the employer feels the need to hold an employee’s bonus who has performed throughout the year and probably rightfully deserves it, thats toxic behaviour right there

For someone who said you have nothing else to say, you sure got a lot more to say

Irregardless whether it's a sign on bonus or a performance one, bonuses are not obligatory. It's up to the company to decide whether to give bonus or not. Most people don't even receive bonus the past 2 years because of the pandemic.

The point here is that, you agreed to the terms and you break it. No one forced you to sign those papers.

First of all, ‘irregardless’ is not even a word

Yes, they are not obligatory

You seem confused again to say ‘you agreed to the terms’. Nobody has agreed to the terms, TS himself said he did not agree to the terms.

Its the condition that has been handed to him. Good for him he moved to another company, a company that ties you with such conditions are red flags all over.

You keep harping about terms that are agreed, when I keep pointing its not the terms but the act itself.

Such act is as good as giving up an annual bonus if this is perpetual, unless you retire in the same place.

Unless otherwise and industry norm, this would indicate the company is anticipating large amounts of resignation.

Just sign it first, and if you decide to leave just pay it back. At least you can earn interest on it.