Replace phone in the Retention Agreement effortlessly

Aug 6th, 2022
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How to Replace phone in the Retention Agreement

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hey guys this is Austin so yesterday in an event in New York City the CEO of t-mobile got up on stage and proclaim the death of contracts on paper it sounds pretty good you can pay pretty much any phone you want including the HTC One the galaxy s4 even the iPhone 5 offer only $100 most of the time your bill should be quite a bit less and on top of that since youre not bound by a contract you can leave t-mobile at any time and switch to whoever you like however lets actually take a closer look to see if this is any good for starters what a lot of people dont realize is that phones are much more expensive than they think they are so here in the United States if I wanted to go buy a brand new iPhone 5 from a carrier right now it would cost me $200 however if I wanted to buy one directly from Apple without any kind of contract it would run me 650 dollars this is called a subsidy in return for giving you a $450 discount on your brand-new phone the carrier will then ask you to sign a con

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A key employee retention agreement is a contract, including benefits or bonuses, set between key employees and their organization. Usually, the key employee retention agreement is offered to high-profile employees who offer exceptional value to the organization.
If you had already planned on staying with the company for the duration of the retention agreement, accepting the bonus should be a no-brainer. It may even provide a degree of job security you didnt have before.
You should carefully review and consider your retention agreement. Remember: once it is finalized, it will be a binding contract. Here are a few points you may want to consider negotiating: Amount, timing and form of any bonus, commission or monetary amount.
Even though the company typically sets forth the retention offer, it is perfectly acceptable for you to negotiate the terms. You may want to ask for a shorter retention period or more money. Your attorney can help you decide what terms should be negotiated and how to approach your employer with your requests.
Yes, employees can negotiate their retention bonus. In addition to negotiating the payoff amount of the retention bonus, employees should discuss the term of the agreement to ensure they are comfortable with the date of the payment and the expectation of what the employee will do during the retention bonus period.
If you decide to ask for a retention bonus, have a clear plan of how to sell the idea. You want the company leaders to believe that paying the bonus will be a fair deal in exchange for a devoted, valuable employee who will docHubly increase the companys chance of success.
Typical retention bonuses can be anywhere from 10% to 25% of the base salary, depending on the industry. Your employer might also choose to pay a flat rate, such as $5000. A retention bonus is commonly paid as a lump sum amount, but some employers may break it down to ensure their benefits in case youre dismissed.
For example, if the employee completes 9 months of service, the employee must repay 25% of the retention bonus paid (for the remaining 3 months of the year for which the employee did not provide service).

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