Definition of Sign-On Bonus Payback Clause

A term in a job offer agreement that usually states if an employee leaves their employer before a certain amount of time, then the employee has to pay back the sign-on bonus the company gave the employee when they started the new job.

Example: The job offer had a six month sign-on bonus payback clause if the employee left the company before then.

Variations: sign-on bonus clawback

Usage of "Sign-On Bonus Payback Clause" by Country

Business English is used in many different countries around the world. Some of the words and phrases listed on this site will be understood everywhere Business English is used, but some words and phrases are only used in specific countries. The map below shows where "Sign-On Bonus Payback Clause" is most commonly used.

Word Usage Map

Learn More About "Sign-On Bonus Payback Clause"

"Sign-On Bonus Payback Clause" is in the top 30% most popular words looked up on this site.

"Sign-On Bonus Payback Clause" is used in the workplace during meetings or emails.

The definition for "Sign-On Bonus Payback Clause" was last updated in 2023.

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Business English Quiz

Question: What does "Calendar Invite" mean?

   (A) When a person wants to meet with you next week.
   (B) An email sent to schedule a meeting with the option to either accept or decline the meeting at the scheduled time.
   (C) When a person has available time on their calendar to meet with you.
   (D) When a person does not have any time to meet with you.

Answer: Find out the right answer here.

About This Site

Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.

On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.

Word of the Day

Date: 02/21/2024

Word: Close It Out

Definition: To mark something as completed.

Example: This task has been fixed, so let's close it out within the task tracker.

Cite This Page

"Sign-On Bonus Payback Clause." Dictionary, Accessed 02/21/2024.