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[quote=Anonymous]And for what reasons are they given? I have about 10 years experience, and am looking to make a lateral move to a different, more challenging role in the financial services industry. The job I am considering would definitely be a challenge for me - I bring experience to the table, but I would not say I am exceptionally qualified for the role (in terms of technical skills - I'm confident I can learn it and perform well). However, because it's not necessarily a promotion, my salary will likely be close to what I am making now. A new job will likely require a longer commute and we will need to purchase a second car (I now work from home or a metro-accessible office most days). A signing bonus would help offset the cost of getting a new car, especially if my salary will not be increasing. My question is, when are signing bonuses generally given or considered? I received one once from a Big 4 ($5k, payable back to the company if I left within a year), and the reason was that they couldn't come up on the base salary any higher, but were willing to give me the bonus instead. In that case, I think they just wanted to keep my base salary lower so that future increases, etc would be based off the lower number. But as a Big 4, I felt like signing bonuses were pretty typical, and pennies in the grand scheme of things. Do smaller firms offer them? Is it ever a really bad thing to ask for one?[/quote]
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