From: ahk@chinet.com   
      
   Peter Schleifer  wrote:   
   >"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,   
      
   I'm not concerned about tax treatment; this was about bankruptcy.   
      
   >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.   
      
   Sorry. It's impossible to believe any employer would pay a hiring bonus   
   without concern for getting actual work performed. If the employee (we're   
   talking about "the talent" or upper-level management) resigns immediately,   
   then it would be just like a golden parachute payment.   
      
   I suppose employers have been ripped off under such a scenario, but   
   there's no need to discuss it as if it's common.   
      
   >>Golden parachute: No more work will be performed.   
      
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