From: pschleif@speakeasy.org   
      
   On Sun, 24 Aug 2014 14:15:40 +0000 (UTC), "Adam H. Kerman"   
    wrote:   
      
   >Peter Schleifer  wrote:   
   >>"Adam H. Kerman"  wrote:   
   >>>Stephen Sprunk  wrote:   
   >>>>On 22-Aug-14 15:45, Adam H. Kerman wrote:   
   >   
   >>>>>A hiring bonus is to compensate for work about to be performed   
   >   
   >>>>No,   
   >   
   >>>Yes.   
   >   
   >>No.   
   >   
   >>A hiring bonus is offered because it is needed to hire the desired   
   >>person.  In my own experience part of that is the need to compensate   
   >>for the loss of the expected year-end bonus at the prior job if the   
   >>new hire is being enticed to leave the old job before collecting that   
   >>bonus.   
   >   
   >You're being ridiculous. The new employer pays a hiring bonus anticipating   
   >getting work from the new employee. There's no other way to look at it.   
   >That's why it's ordinary compensation.   
      
   It's taxable as ordinary income, but depending on the terms of the   
   offer, it could be paid before much work has been done and there might   
   not be any obligation to return it if the new hire resigns after a   
   month.   
      
   >Golden parachute: No more work will be performed.   
   --   
   Peter Schleifer   
   "Ignorance is easy and you get it for free"   
      
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