Sign-On and Retention Bonus Policy

Articles (14)

Are all employees eligible for a sign-on or a retention bonus?

Are current employees eligible for sign-on bonuses?

Are former employees eligible for sign-on bonuses?

Are there any limitations to the bonus amount that can be requested?

I am ready to make an offer for my current vacancy. Can I offer my selected candidate a sign-on bonus?

I want to offer a sign-on bonus or retention bonus. How do I decide what to offer?

I would like to offer a bonus and have available salary reserve funding. May I pay the bonus from these funds?

Under what circumstances would a retention bonus request be appropriate?

Under what circumstances would a sign-on bonus request be appropriate?

Under what conditions must a sign-on and/or a retention bonus be paid in installments?

What are some examples of ‘pay equity considerations’?

What are some examples of ways to mitigate recruitment and retention challenges?

What are the account codes associated with a sign-on and/or retention bonus?

What types of funds can be used to pay sign-on and retention bonuses?

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