Companies Are Paying $100,000 Sign-On Bonuses To Attract Workers

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In an effort to entice people to join their companies, businesses have resorted to something we haven’t seen. They are offering lush sign-on bonuses of up to up to $100,000 to attract top talent.

Raytheon Technologies, in the defense industry space, is offering a “minimum $50,000 sign-on bonus for several software-related jobs that require active secret security clearance.” Raytheon is also giving $12,000 bonuses “for incumbents with top secret or sensitive compartmented information clearance.”

Target announced that it's offering a substantial benefit to attract and retain workers. The large retailer will. The employees will have access to around 250 mostly online programs offered by about 40 colleges and universities. for associates through its Live Better U education program.” The size of the program is staggering. About “1.5 million part-time and full-time Walmart and Sam’s Club associates in the U.S. can earn college degrees or learn trade skills without the burden of education debt.” The largest employer in the U.S. will allocate about $1 billion over the next five years “in career-driven training and development.

 

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Google paid a PHD student at Stanford half a million dollars to complete his studies and then join. Now that is a sign on bonus before even singing on.

This all just goes to show that EVERYONE except for CEOs have been getting UNDERPAID FOR DECADES NOW. General strike for 25 dollars an hour. See how the markets like that. Also, if you're a business, and you're paying less than livable wages, YOU DON'T DESERVE THE BUSINESS AT ALL

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