sign-on bonus
New employee perk
A sign-on bonus is a one-time payment offered to a new employee as an incentive to accept a job offer.
Companies use sign-on bonuses to attract candidates in competitive fields, compensate for benefits lost by leaving a previous employer, or sweeten an offer without raising base salary: The tech company offered a $20,000 sign-on bonus to close the deal.
Reward encouraging action
- lureThing that tempts
- sweetenerAdditive reducing bitterness
- carrotEdible orange taproot
- inducementMotivating factor or offer
attraction · draw · appeal · perk · bargaining chip · golden hello · competitive advantage
Giving someone work
- new hireRecently employed staff member
- job offerFormal employment invitation
- onboardingNew member integration process
- talent acquisitionSourcing and hiring employees
candidate · employment contract · offer letter · negotiation · headhunting · talent war · counteroffer · acceptance
Ready spending funds
- lump sumEntire amount at once
- paymentFulfilling a financial obligation
- payoutMoney distributed to recipient
- upfront paymentInitial sum before delivery
relocation allowance · one-time payment · guaranteed money · taxable income · direct deposit · payroll · clawback · vesting
incentive
Reward encouraging action
inducement · attraction · draw · appeal · perk · bargaining chip · golden hello · competitive advantage
hiring
Giving someone work
- new hireRecently employed staff member
- job offerFormal employment invitation
- onboardingNew member integration process
talent acquisition · candidate · employment contract · offer letter · negotiation · headhunting · talent war · counteroffer · acceptance · start date
cash
Ready spending funds
- lump sumEntire amount at once
- paymentFulfilling a financial obligation
- payoutMoney distributed to recipient
upfront payment · relocation allowance · one-time payment · guaranteed money · taxable income · direct deposit · payroll · clawback · vesting · prorated
- job perkssalary, perks, pension plans, 401k, benefits
- Money Gainssalary, wage, tip, tips, raise
- work rewardsmerit pay, merit raise, raise, stock options, profit sharing
- military benefitsVA benefits, military pay, veteran benefits, base pay, health benefits
- benefitsadvantage, healthcare coverage, dental insurance, benefit, health screening
- military paybase pay, military pay, basic pay, pay grades, pay scale
sign-on bonusseverance package
Compensation upon job termination
severance pay · golden parachute · termination pay · golden handshake · separation pay
sign-on bonussalary
Fixed periodic employment payment
wages · base pay · hourly rate · annual salary · commission
sign, bonus, signs, signed, signing, signer, signal, signage, signature