alt Hacker NewsThere's actually a mortgage company that does worse; They call it the 'People Promise', and it sounds like a bonus, but;
1. It's actually a loan.
2. If you leave or are terminated at any point for the period, you have to pay back the ENTIRE loan amount.
3. Because it's a loan, if you -do- survive employment through the term, guess what, you now have to pay tax on the 'forgiven loan'.
4. If you don't take it, you don't get hired.
Replies
JoBrad • today at 3:19 PM
Each of your points escalated over the last one, somehow.
Aurornis • today at 3:23 PM
Why not name the company?
Number 3 sounds like nothing out of the ordinary? Any bonus you get from an employer, granted or otherwise, has to be taxed at some point. This just sounds like a weird signing bonus.