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The Office of Human Resources in conjunction with the Office of Legal Affairs has finalized the updates to policy 101.26.
New policy will be effective February 8, 2023.
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- Are all employees eligible for a sign-on or a retention bonus?
- Are current employees eligible for sign-on bonuses?
- Are former employees eligible for sign-on bonuses?
- Are there any limitations to the bonus amount that can be requested?
- I am ready to make an offer for my current vacancy. Can I offer my selected candidate a sign-on bonus?
- I want to offer a sign-on bonus or retention bonus. How do I decide what to offer?
- I would like to offer a bonus and have available salary reserve funding. May I pay the bonus from these funds?
- Under what circumstances would a retention bonus request be appropriate?
- Under what circumstances would a sign-on bonus request be appropriate?
- Under what conditions must a sign-on and/or a retention bonus be paid in installments?
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