Why are employees given a “signing bonus”? Isn’t the salary enough incentive to join?
In: Other
If salaries are similar, it may be the incentive to ge t them to choose you over another offer, without giving more money annually by offering higher salary. Also, so jobs may require up front expenses like a new lawyer needing to buy a bunch of suits, or somebody relocating to a new city needing money for movers, perhaps breaking a lease or selling a house, and other related costs.
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