Vault.com: the most trusted name in career information

Vault Message Board: Compensation/Benefits

Topic Name: Recruitment bonuses
Message Name: DISGRUNTLED
Date Posted: 04/13/2000
In Reply To: I work at an internet start up and I was wondering what other HR professionals would suggest is a good bonus for bringing in new employees esp. those in the IT industry.
Message: taxes for this kind of incentive are so high that the payment should be at least twice as much as the intentional reward. for example - if you are willing to give out a $1000 bonus to an employee for bringing on a new IT person, offer $2000 (at least 50% will be taken out in taxes, leaving employees disgruntled.)

Post a Reply to this Message  || Go to the Compensation/Benefits Vault Message Board



Recommend this page to a friend