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hey everyone this is being alleged are sorry no alcohol man in this video Im going to talk about nursing sign-on bonuses now if you are a new nurse graduate or if youre thinking about changing careers to maybe a different specialty youve probably seen some advertisements from health care companies offering a sign-on bonuses to nurses not all companies do this and it really just depends but this can be a fantastic way to increase your overall income now when my wife just graduated from nursing school and she got her very first job they had just stopped offering sign-on bonuses like a month or two before she got hired so we barely missed it by like that much more like ah that is so frustrating but they can be a great way to increase your income and if you see a position that offers this its definitely something to check out but there are some considerations because theres a lot about sign-on bonuses that a lot of people dont realize and Im going to cover that in this video first

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is a signing bonus for a new job?

A signing bonus is a monetary incentive that an employer agrees to pay you. This bonus is meant to entice you to accept the job offer and is typically negotiable.

Should I expect a signing bonus?

As a general rule, if youre actively looking for work, youre less likely to receive an offer of a signing bonus than if youre wooed away from your current position. Employers use signing bonuses to attract top talent without inflating the base salary for similar positions in the company [source: HR Magazine].

Do you get signing bonus immediately?

A sign-on bonus is given after the candidate accepts the job offer. Some companies pay the sign-on bonus in one lump sum after the new employee signs the paperwork for a new job.

What are the cons of a sign-on bonus?

Cons of offering a sign on bonus Added costs. If you decide to offer your employees a signing bonus, you will accumulate some added expenses. Unequal payments for employees. Offering a signing bonus could also create animosity between your employees. Collect and leave. Unrealistic future expectations.

How much is the average signing bonus?

A typical sign on bonus for entry-level non salaried positions is $5,000.00 $10,000.00. The typical signing bonus for salaried and executive roles is between 10-20% of the employees base pay but can be much higher depending on the industry and company.

How does a signing bonus work?

A sign-on bonus, also called a hiring bonus or signing bonus, is an incentive that employers can give new hires. Employers can use sign-on bonuses to attract and hire employees. Generally, signing bonuses are a one-time lump sum payment. However, some employers may spread the payment out over time.

Are signing bonuses paid up front?

Some companies pay the sign-on bonus in one lump sum after the new employee signs the paperwork for a new job. Others pay out the bonus in increments over the first year of the job.

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