HRSINGAPORE Community Discussions


Sign-on Bonus - Update 1 (Reply)

 

QUESTION 

Dear all HR Practitioners,

Would like to know if your companies offer sign-on bonus for some critical positions or niche skills set positions. If you do, could you share briefly the quantum and the terms for this sign-on bonus for new hires.

Daphne

 


REPLY 1

To have sign on bonus or so-called joining bonus for newly hired employee, it is advisable to specific a contract period of employment & other simple terms & conditions i.e. 1 Year

Also, to state the penalty should one fail or unable to fulfill the employment terms.

The amount is subject to management decision which can go up to $5,000/- depending on the designation & job tasks requirements.

Season

  


Reply | Post | Community


 
<ADVERTISEMENT>
The Employment Act & Its Practical Applications Seminar

3 October 2017 - 15th Run - Confirmed

During this seminar, participants will acquire a better practical understanding of Singapore's Employment Act and the recent changes.

For details, please click on https://hrsingapore.org/eapa/

 


HRSINGAPORE is the first, free, HR Community that provides HR Certification, HRLAW Seminars, HR Workshops and HR Consultancy Services. For more about us please visit https://hrsingapore.org/


HRSINGAPORE Community | This email was sent to | Unsubscribe | Forward this email to a friend


© HRSINGAPORE® ~ A Decade of Helping HR People Succeed!

HRSINGAPORE PTE LTD | www.hrsingapore.org | query@hrsingapore.org | Tel: 6337-8016 | 89 Short Street #04-16 | Singapore 188216 | Co Reg. 200409860M