Here’s What You Should Know About That Eye-Popping Sign-On Bonus – By Andrea Hsu (NPR) / July 6 2021
Time now for a quiz.
What do Amazon, Disney World, and Dickie Jo’s Burgers in Eugene, Ore., all have in common?
a. They employ low wage workers.
b. They’re in desperate need of workers this summer.
c. They’re offering $1,000 sign-on bonuses.
d. All of the above.
If you answered d, you’re right. (Sorry, we’re not paying cash for correct answers!)
With a record 9.3 million jobs open in the U.S. as of April, and a workforce in no hurry to get back to work, a growing number of employers are looking to hiring bonuses to fill their ranks. Long a tradition on Wall Street, sign-on bonuses are rare in low-wage work such as fast food, warehousing and food delivery. Now, as the economy has picked up, hiring bonuses are everywhere.
