What’s a Signing Bonus? Should You Offer One?
MARCH 29, 2018
If you’re looking to attract new talent, a signing bonus is one way to sweeten the compensation package you offer to highly qualified candidates. Unlike traditional benefits like healthcare insurance, paid sick days, and vacation/paid time off, a signing bonus is a one-time benefit paid at the start of employment with the company. . The typical signing bonus is given at a rate of between 5-10% of the base salary and is taxed at 25%.