I have to be at my company for a full year to keep my signing bonus, and I am thinking about leaving them due to not being in the industry that I want to be in. The full one year point is July 9th, if I give my two weeks in two weeks before that and they have me not come in anymore....do I get to keep my bonus? Or do I have to wait until after July 9th to put in my two weeks to be sure that I do not have to repay the bonus?

If they walk you out the door before July 9, I wouldn't assume you'd get it. I'd wait till the $$ was in your bank account.

I think the $ is already in the account. They would probably take what they need out of the last paycheck. I would suggest giving notice after your 1 year mark. If you have started your 401k there you should check into the rules about being 100% invested.

You've made it through most of your first year, just hang in there for a bit more, maybe talk about a change in projects or responsibilities with your employer.

dam

its not the employer, its the location and what I am doing. I do not see myself wanting to be in this business longer and the location is plain terrible. My soon-to-be fiance has been looking for a teaching job and is yet to come by one, and has applied to all school districts in the area, and we both do not like the town. So we decided to move to a bigger city that we both want to be in, where she has already had interviews for jobs.....

I'm curious about the location now. Where are you?

3 months, that's all you have to wait, most teaching jobs open up later in the year though, right? in my case, which sucks btw, our bonuses are structured really weird. you get 40% immediately, then 40% in 6 months, then 20% in a year.

dam

im in abilene

abilene? RUN!

i have family who live there. i try not to stay more than 24 hours at a time.

Since Christmas, my SO and I have been in Abilene for exactly one night over the weekends. We decided to go to Mexico that Saturday morning as opposed to staying in Abilene another night.

That is the reason I am looking for another job....

Its just that the town has no entertainment, there are probably 5 bars at most, all of which suck, no variety of restaurants, and absolutely nothing to do if you are sitting around the house.

From my understanding, when you give two weeks notice and state that your last date will be ##/##/####, this date will be considered your employment termination date. It is the employer's discretion whether they will send you packing the your turn in your resignation letter or let you work the remaining two weeks. If they kick you out the door that day, I'm pretty sure it is the industry standard to pay you for the remaining two weeks. I know that is my company's policy.

I would take a bet that if you last day stated in your letter is after your 1-year period, they won't ask for repayment of the bonus. Depending on your relationship with your boss or whoever controls salaries and bonuses and how ethical they are, they might demand it back, withhold your last paycheck or 401K, or just give you hell for leaving. But I don't think they have any legal justification.

In our case, you have to be employed at the time the payment is made. So, you're probably stuck until the paycheck arrives. Put in your 2 weeks that afternoon.

it was a signing bonus when I first came on, so I have the money already....taht isnt the issue, its wether they will demand it back (but it seems to be they "should" give it to me, legally, but may try to get it back if they want to be asses)

Is your job actually in Abilene?

work through the bonus period, and then give the notice.

They could sue you for the signing bonus if you aren't working on the 1 year anniversary.

You might win, but can you afford to play?

well, it may not be an issue anymore, I may be paying it back regardless as I might be changing jobs sooner than planned....if a job offer comes through (which they need someone immediately)