| Topic Name: |
dot-consulting exit strategy |
| Message Name: |
Sign-on bonus repayment |
| Date Posted: |
01/04/2001 |
| Message: |
How "binding" are the terms of the offer letter?
I believe, as the dot-economy slows, so too will the business of some of the dot-consultancies. I am looking ahead to my exit from one such company but considering the terms of my original offer letter in that light. The clause that troubles me is the repayment of sign-on bonus if I leave within one year of my start with the company. Does anyone have any experience with this? I am wondering whether my employer will likely just let this go, or if I must convince my next employer to pay it back on my behalf.
Thanks for any insight.
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