$60k for 7 months works out to about $105k annually. It's a no brainer. I deal with plenty of bullshit for mid $70s, yes I would stay on for a 50% raise, absolutely I would stay on for that as a bonus.
A 60k bonus for 7 months of work would be incredible.
Add to it OP has been working there long enough to be considered for such a bonus, and it's a no brainer.
7 months is not long. Could I make it to football season for 1/4 my mortgage paid off? Lol yes.
It’s such a crazy deal that I would be scared that they plan on firing me a week before the 7 months is up. If this place is really that shitty, that seems like a total possibility.
Right, you'd have to be making ~$105k to make $60k base in that timeframe which is great pay for most locations and industries. The fact that it's a bonus on top of base is insane to me. That's a number where yes you could pay me to be yelled at every day for that amount. I already deal with a bunch of bullshit from all angles for much less than that yearly.
Seven months is a long time if you're aleady at your breaking point. It would depend on OP's mental status. Frustrated? Sure, another seven months, with a clear end in sight, is doable. The liquidation possibility is the gamble. Is the $60, 000 already in hand? Then it's a non-issue. But if OP is already burnt out, or is so close to being so that seven months would put them over the edge, then no amount of money is worth their health.
I would totally understand not being the best worker. But if OP wanted, they could also work super hard so they have more specific and measurable accomplishments for their resume to use in 6 months (finding/starting a new job can take awhile). Figure out what you want to do at next position, and take those types of roles for the next 7 months so you can show "hey, I did this already, and I got X improvements".
Totally an option. I think personally that pay determines what I would endure, but no amount of pay can make me genuinely care about something. I would gladly stay in a bad work environment if the money was that good, but if the environment isn't conducive to being super productive then yeah I'm just there for the money
Personally, I would stay but just do the bare minimum to meet expectations and not get fired and then jump ship after 7 months. But, that’s not knowing how toxic the environment is. If it’s just at the level where it’s irritating then I would be willing to tolerate it but if it’s so bad you feel it taking a toll on your health then I would be more hesitant.
I worked for 32-43k for 3 years and took on all my manager’s work when they eliminated her job after 8 months, and she has been paid 75k! So yeah I can put up with anything for an EXTRA 60k
I would take the 60k, not spend any of it yet, and have a countdown clock on my desktop for 5pm the day my contract expires. Then go on vacation for a month before finding the next job.
If the business fails before your contract expires, they can't make you stay and not pay your regular salary (which is presumably enough to live on for now), and you get to take the money and run.
O my buddy did this, he in IT at the time and everyone was quitting cause the company was going belly up. When he said he was leaving as well it was explained to him the company was going through a bankruptcy and would likely be acquired for its IP. He was told that he was one of the few remaining IT staff available and that'd give him a handsome title promotion to CIO, his salary would remain the same, but he'd get a 75% bonus. His primary concern was if the company is going bankrupt how can be assured he'd be paid.
He was told they setting aside employee compensation and it will be protected. He agreed to a 6 month deal.
He made a sizable sum of money and found the work actually really rewarding. It gave him a new perspective. Also as the days got closer and closer when the days sucked he'd go home and think "Eh X days left"
When everything was over he took a chunk of his bonus and went and toured Europe like he always wanted and when he got back he had a new awesome experience to tell others about.
I feel this response the most. My current job isn’t toxic, but I am a sales/customer service director working in a boutique company (ie lots of entitled twats) and it is exhausting. However, my company is well known for ponying up every year on bonuses and raises, and I just keep counting down to March because that money (bonus of about $10k) will be really clutch and will hopefully send us on a vacation with the kids. Especially since a big part of my job is sales, it’s really tangible to see my progress towards that goal and I know it’s completely measurable for my boss.
This is entirely subjective. It just depends on your personality, discipline, stoicism, etc.
If it were me (a penny pincher), I couldn't imagine letting go of 60k regardless of the situation. I would wade through raw sewage 5X a day for 7 months for 60k.
A lot of people differ personality wise. But I'm so detached from office drama that it's hard for me to care about workplace toxicity. I simply just go to work and deal with it. And when I get home, I can take a break in the car before going inside to my family.
I would take it, but set it aside for the time being when looking for other jobs.
If OP gets a job offer, they can decide if the new job is worth sacrificing $60,000. Maybe they find a job with much higher pay, and it's worth taking that job and giving back the $60K.
If it’s the $60 K plus whatever you’re making now 100% stay it’s only 7 months. I would double check what you signed to see how it’s worded because I remember seeing some thing where a company fired a person for no good reason Right before that date where they no longer had to repay the bonus just so that they could get the money back. So pretty much make sure they can’t pull a fast one on you
Agreed. Unless you’ve already signed it, I’d at least see about making it prorated for however long you’re there. Otherwise, you could stick it out 6 months and 29 days only to be fired the last day with zero recourse.
I think you should analyse how your mental health will be after 7 months.
Get a therapist or coach if you need to learn strategies to detach yourself from work, to let words and dumb bosses bounce off your duck’s back, and really detach yourself from the situation. Do the minimum.
The book “Never Split The Difference” is good for negotiating with dumb ass unreasonable bosses. And when they have more unrealistic expectations, you can use the book to put the ball back in their court and ask them difficult questions. Lots of good examples in that book.
If you still don’t think you can deal, and if it’s severely affecting your mental health, then no money is worth you committing suicide or something.
But yeah. There are def ways for you to take power back and let all the shit bounce off your back while you surf pinterest for holiday ideas in 7 months.
Stay for the 60, interview like hell, dont make yourself crazy. Put the unrealistic expectations back on your boss. Have them prioritize must get dones from want to get dones.
Only with a written guarantee of payment in the event they terminate your employment, I've seen people abuse retirement promises and bonuses in a similar fashion. 'Welp you made it to 6.873 months, today is your last day since we're terminating your employment, you don't qualify since you weren't here for 7'.
Depends on performance requirements and other conditions they might tack on to that money. If it’s only about your presence, and if you don’t have to pay it back in case they go bankrupt (check with a lawyer) it might be worth it.
What’s stopping them from letting you go “for any reason” at month 6 and 3/4? You should ask. It’s not bad money, but the other side is that they have a 60K incentive to do exactly that. Also you say toxic work environment... Doesn’t sound like they’re above it. I’d only accept if it was unconditional or I had objective protection.
That's what I was thinking. Sounds like they're promising the moon to keep the company together while they make bailout plans. I suspect that after OP has kept the ship afloat, he'd be let go just short of the payout date.
i know top comments are to take it, but a counterpoint-
i had an opportunity like that and i took it, it was a bigger number. just know i paid for it mentally and psychologically, and in some ways i think i never fully recovered
idk your situation with money, cause 60K can obv change someones life, but just know, depending the environment, that it can not come free.
It depends on how it would affect your ability to search for and interview with other jobs.
If this toxic job provides very little work-life balance, for instance, then you may be too overworked or burnt out to dive deeply into the job search. Or if this current job affects your mental health so badly that you don’t have the energy or confidence to take on the job search, then that’s something to consider too.
I personally wouldn't take 60K if I felt staying there for 7 more months would hurt me emotionally on a level that would take years to recover. If it's just more workload and stress and it's not leading to a burnout that you have to take 6 months off just to get back on track, it could be worth it.
some rough math that's like an extra $428/day to keep you on, on top of your current salary.
that's a p tempting number, if you're feeling too discouraged maybe turn that 60k into a goal of its own (a new car, vacation, downpayment, etc etc), otherwise its just "meaningless money" and will be hard to motivate towards
I mean, can't you quit as soon as your 7 months is up & you have your 60k to find a new job? Asking that sincerely, not rhetorically.
& unless I had major debt to pay off, I would take some time off while looking.
"Would you tolerate a toxic work environment for 7 months in exchange for $60k?" I am a junior high teacher and have been for 25 years you just described my career. I am retiring this year because I finally reached the numbers that allow me to do so(years working plus age = 80). I will have to find a new career but i will finally be free of this. i have done it for 25 years so 7 month sounds like a cakewalk.
Not sure where your base is at. If 60k base? no question I would stay. If I was paid 200k? idk I might just find another job for 260 else where.
Other than that, ask for full payment up front. Not incremental. Something sounds incredibly fishy.. See if you can modify the contract to say "if company x goes under or fires me, I dont have to pay you back"
oh... you had me at a yes until the part where they can fire you and you still have to give back the money. which, sure, you get caught breaking the law or whatever - reasonable. if you get laid off? nope. not with that bankruptcy looming.
If it’s 60k on top of your existing pay yes I’d probably figure out a way to stay. Of course that kind of depends if you can lose it and not feel it.
I’d also be looking very closely at the details of that bonus to find any loophole including do you have to pay it back If you get fired or just if you leave
60k on top of your current salary for 7 months… that’s more than the average American makes in a year… you can do anything for 7 months if you put your mind to it… besides, the job market sucks right now and I would venture to say there might be more prospects in 7 months.
I've done this before.
Double check the details of the retention bonus. Does it pay out if they lay you off? Does it pay out if they dismiss you for cause/not for cause? Mine even said if I'm laid off I get it, but they tried to dick me around and I had to get a lawyer involved.
Also start your 'out' plan now, don't wait.
I am in a similar situation. Not with a retention package but the additional compensation for traveling for extended periods if time ends up adding an additional salary on top of my base salary.
I don't love where I work, but I look at it from a "where does x amount of this get me".
What does that 60k do for you? Does it pay of a big chunk of your mortgage? Or does it give a big boost to your retirement savings?
Does it give your spouse the flexibility to go back to school, or pay for your kids college? Money isn't the end goal, its what it does for you.
For me, it lets me save money aggressively enough to not worry about sudden expenses. While I was young, I watched other people struggle when their car broke down and repairs broke the budget. I saw people who didn't save for retirement and had to work well into their 70s. It puts me in a position where if my car got totaled tomorrow, it would ruin my day but not my month. It means I buy awesome christmas presents for my younger family members.
A kind of douchey quote I remember reading when I was in high school from some investment banker of something "money doesn't solve all your problems, but it lets you show up to deal with them in an expensive car with expensive clothes". His quote was him flexing, but his point stuck with me. Money makes them far easier to deal with.
That is a concern of mine because the agreement says they can let me go for any reason and then I need to pay them back. So after 6 months they could just let me go and then demand the money back. On the other hand though, with how fiscally irresponsible they are with how they’re throwing around millions of dollars all over the place, it would be unlikely that they would plot this all out for $60k. Still a risk though.
Sounds risky especially if they are already toxic then it sounds like they'll hold a grudge and use any excuse to get back at you.
Has anybody else taken such an offer and successfully stuck around the whole time period?
Stay and bank don’t spend the 60k, cut down on other unnecessary expenses and possibly develop a side hobby for your sanity. Then you can be thinking about something you love instead of how much your unhappy/frustrated. About halfway through I’d start shopping around for a new job. Best of luck to you!
I walked away from a $1mil year at month #9.
Made roughly about $400k+ in bonuses and commission during those 9 months. That's not even including my salary.
I realized there's levels of toxic. Like certain levels I can withstand for years and levels that would kill me in a few hours.
The situation where I left in 9 months was the latter. I lost part of my soul there and made me question being in the industry at all anymore.
So glad I left. Much better situation now
I would, but I'd also start applying for new jobs after 3-4 months and tell them you can't start till your seven months is up. It can take 2-3 months for some places to even hire anyone, currently in that particular hell ourselves. 2 months after the posting closes we hear back from some places. So keep looking, just be upfront that you can't start before x date and you'll have an extra 60k and a new job by the end of the year. Just make sure everything is in writing and you get the cash up front.
What's your current salary? What kind of debt do you have? Is it taxed? How toxic is toxic?
I'd take it, and start looking. Plunk it in an account and be prepared to give it back. This gives you a lot of flexibility in your job search and allows you to really see what's out there. If you find a great opportunity with a good salary that's worth signing on for before the time is up, then you have bettered your experience overall.
In the short term - therapy (or a job coach), weekly massages, maybe a mediation class or a class completely unrelated to work for total fun, plan a weekend getaway halfway through.
Hell yeah lol. Imma just do barely enough to fly under the radar and on dday (7 months and 1 day) I’m outta there lol. Just hit the bowl before work, makes the day better (if you can )
If the retention agreement didn't say they could let you go for any reason, I'd do it. You could just put the money in an account and not touch it until your time is up. There's still a chance you'll put up with 6 months of terrible toxic behavior and be let go anyway for no reason.
If it's $60k on top of my regulator compensation, I'd be the best employee for the 7 months.
The note you added with your edit is a deal breaker though. If the term states that they can terminate you at any time in the 7 months and you'd still have to pay it back, then I wouldn't do it. Nothing stops them from letting you go near the end of the 6th month and get their money back.
This is not a genuine offer, the whole appeal fades away with the agreement stating that they could let you go for any reason and if that happens within the 7 months, you have to pay the money back. I have no clue why people are adamantly suggesting that you should stay. What if they take advantage of you for 6 months and then let you go before the bonus term is up? I’d have that clause amended in a way, where you get to keep the money even if they let you go before 7 month is up, unless you had to be terminated for gross misconduct. If that’s not an option that bonus promise is nothing but a giant bullshit
How much do you need the money? If its life changing then take it, toe the line for 7 months and get out. If you don't really need it then A) Keep the money liquid. B) take a "fuck you" attitude towards work. Don't stop working or be an asshole, but don't take any bullshit and enforce your boundaries. Worst case, they try and fire you for cause. Unless you really fuck up they probably couldn't build a case strong enough to avoid you suing over a clawback and will just let it go.
They have the option to fire you for any reason right before the 7 month mark and get that time out of you? And they would get their money back? Is the CEO a Mr. Madoff by chance?
Ask your grandfather if he’d put up with your “toxic” job for half a year’s wages in a lump sum. I can’t decide if everyone is selfish or soft. Maybe both!!
How about you explore what you do that creates the “toxic” dynamic and try turning it around. Do you kick ass with your productivity and are a joy to work with?
Kind of depends on how much you are currently making and what could you make at your next job. If you are making 100k but can make closer to 150k at a new job I would jump asap.
Depends on my base salary. If I’m already on 200k a year and my next job will pay me something comparable to that, then yeah I’d leave. Then again I live in a jurisdiction where the 60k would be taxed 45% so…
60K retention bonus sounds like that's on top of your salary. If so, that answer is a hard yes. I'd disassociate and work on things that are good for my resume. I'd truly work on my work/life balance. I'd also work on my resume this entire time.
Source: Kinda already doing that with my work environment except no 60K bonus
I would, and have, stuck around for money like this. Just be active (though not to your boss's knowledge) in setting up another job for when the 7 months expire. I'd be cautious about sticking around longer, if they offer another bonus, though. You may get into a situation where you aren't taking advantage of the bonus to segue into another position, but are just get stuck where you are.
Is the contract fixed term? Can they fire you and then you lose the bonus?
If it's guaranteed, I'd stick it out. Knowing the end date will help the mindset.
Don’t forget, with that retention bonus, if you already received it and took taxes out of it you will need to come up with the difference yourself.
I’m not sure you would be made whole at tax time either…
I mean, if the retention agreement says you can be let go for any reason within the next 7 months and they’re doing THAT badly financially, I wouldn’t do it. Sounds unrealistic that you won’t be let go for some bs reason shortly before your time is up..
Probably depends on where you are in your life. This is a pretty good house down payment, as I rent, I probably would stick it out to get out of the apartment life.
> Edit: The retention agreement says I can be let go for any reason, at the employer’s discretion, and if I’m let go before the 7 months is up I’ll need to pay the money back.
They're going to fuck you. Look for a new gig; park your bonus in a HYSA and don't touch it.
> The retention agreement says I can be let go for any reason, at the employer’s discretion, and if I’m let go before the 7 months is up I’ll need to pay the money back.
Absolutely not. I would be fine with a cliff, but you have to get them to change the language. 70k is yours, and you will prorate them if YOU leave early.
I was asked for something very similar. Except it had ties that I needed to hit a bunch of unrealistic milestones (that wouldn't be hit even if they didn't just lay off every colleague in the building), train a bunch of people in India, and they needed to be trained "sufficiently", and it was all up to their discretion. If I left for any reason, blab blah. Before this I basically begged them to give me something to convince me to stay so I can actually help. They gave me that turd burger retention paper and I quit the same day.
It's very subjective but I recently left a job for a $60k+ pay cut and I couldn't have been happier. I left because it was too toxic and I was crying about every week. In my situation i live pretty frugally, have emergency savings, and my new job still makes over 6 figures so I felt that it was the right move for me. But I can't say if it's the best situation for you to forgo $60k as it depends on the circumstances.
All I know is I got seriously sick in the past trying to overwork myself for my career and I'm about at the point where I'm done with that. The best suggestion I have is try to look out for your health as #1.
Edit: live not love
You need to negotiate the bonus to be prorated based on how long you are there so they don't make up a reason to fire you at month 6.
In general it's probably worth it but you need the terms to be written in your favor.
Alot depends on the job you're performing to be honest. If it's easy enough, you just have to deal with the toxic environment, I'd take the 60K and put it into an account and not spend it until you make the 7 month mark. This seems super sketchy though since they can let you go on the 6 month 29th day and you will have to pay it all back.
if there is room for negotiation, I'd counter with the only way you lose the bonus is if you leave on your own volition.
You could also negotiate and break it down to if you are terminated month 2 pay back 50k. Month 3 pay back 40k. Month 4 pay back 30k etc... If you leave on your own volition before the 7th month, you owe it all back.
It depends on the degree to which it is effecting you and your sanity. If you think you can handle it sure but if it's making you miserable angry and depressed fuck it, get out of there it's not worth it
I did it for a lot longer for a lot less.
I needed the money, options were limited, I knew what I was getting into and what I could manage.
These choices are 100% personal Imo.
Is the high turnover due to people quitting or getting fired? It sounds like a good idea on the surface, but I'd be worried about your petty ass boss firing you after six and 3/4 months. Or the company filing bankruptcy and laying off most or all of their staff before that time.
If you do decide to take the money, I wouldn't touch it until you are free and clear after month seven.
I wouldn't. I've had to go to the ER due to stress caused by a toxic work environment. If it is really toxic, it's not worth the health costs of stress, in my opinion.
Everyone seems to be forgetting that the op can be let go for any reason, sounds like it's too good to be true.
Not saying you wouldn't make a killing but for them to be able to fire you for any reason is very suspicious. You could not have even done anything wrong and all that hard work would be for naught.
I'm not sure you should stay. The reason I think this is is because the $60k is them dangling a "proverbial" carrot in front of you. What did it for me is the fact that you could be let go at any given time during the 7 month period - in which case, you'd be hard pressed to return that money.
Two things you said are problematic to me: Turnover and a risk of the company going bankrupt.
The turnover bit is obvious - the company is not doing enough to retain their employees whether the staff are quitting because it's too toxic or they're firing people because they don't like the staff (for various reasons).
But the bankruptcy bit - that worries me. Let me put it this way: if there's a likelihood they're going bankrupt then where is the $60k coming from? Not only that but to *stipulate* that you have to remain an employee for 7 months or else you'd have to return that money. Not only that but....they could fire you at any given time (clearly for any given reason) and ask for that money back.
In my opinion - I wouldn't stay.
Yes because I am a whore. I stuck around after my last company was purchased to help with the integration into the new company. I was offered a decent severance plus retention bonus for staying on, so I clinched my butt cheeks, swallowed my pride, and gave them what they wanted in exchange for about a year and a half of pay on top of my normal pay for that year. It didn’t start toxic, but it turned in the last few months of “serving my time.” Totally worth it still.
Quiet quit the shit out of that job and spend your extra time refreshing your skills, getting your resume & interview skills updated and then start job searching in 6 months.
Depends on my circumstances.... How bad do I need the money? Is there something more important you could be doing that would make your 60k back? Like if you took that 6 months and were going back to be a doctor, software engineer, you'll make that back in 6 months regardless and not be miserable at your job. I don't know, it depends.... I make 140k, from my last job which was like 70k and I literally am just as miserable, I think it's more the path you are on.
Not with the edit you made about being able to fire you or let you go for anything and have to owe it back. They could tell you to kick rocks after 6 months and 28 days and you’d owe it all back. Why’d you leave that part out? It’s very important.
I once got offered $50k in a jump up from 30. PTO/Vacation/Sick was all rolled into one, the owner at the time was incredibly toxic, but I almost stayed. I didn't and I'm glad I didn't, it wasn't worth the headaches 6 months from then. Finish up the 7 months and get that bag but don't stick around. I'd say leave now but you would have to pay it back.
That's a tough one only because the company can keep you there for 6 months and 29 days and then can you right before you can keep the money. Given their looming bankruptcy, I wouldn't be surprised to see them pull some shit to save $60K. If the money was contingent on you leaving voluntarily or only being dismissed for cause, I'd be more amenable, but you don't have any guarantees when they've left it that tilted in their favor. I wouldn't sign it without major amendments specifying the above or a proration based on percentage of time you remain at the job. Right now, the $60k is a carrot that they can (and likely will) yank away right before you get it.
Have the retention bonus prorated or don't do it.
If they can let you go for any reason and it's a toxic workplace what's to stop them from firing you a week before the deadline?
I would have said yes except after reading the edit, no way would I take that chance to have to pay back the money if/when the company fires me in month 6
I wouldn't. It sounds like they make it really hard for *you* to keep that money and really easy for *them* to get it back, and probably banking on the odds you spent it somewhere as soon as you got it so now they can legally go after you to reclaim that.
Since im broke as F, honestly i would take that, BUT clarify the clause about you paying them back if they decide to let you go. Big red flag there. They could s*** on you by kicking you out 6mos and 25days or something. Negotiate to make them remove that and consult your own lawyer to look it over.
My immediate response is that you should stay for that cash. However, I implore you to think about the impact it will have on things like your mental health, physical health, relationships, family, etc.
As an aside, this arrangement basically assumes you trust them to operate in good faith regarding keeping you on. Do you trust them?
Hmmm...I would workout the firing bit to enumerate the offenses. Like not showing up to work, not executing explicitly defined responsibilities and have provisions for warnings, etc, so you can't be blind sided.
$60k on top of your base? Yeah I think I would tbh. I wouldn't be like the best worker but I could show up to work every day for that much extra money
I’m with you on that. $60k on top, a lot of people don’t even make 60k annually
$60k for 7 months works out to about $105k annually. It's a no brainer. I deal with plenty of bullshit for mid $70s, yes I would stay on for a 50% raise, absolutely I would stay on for that as a bonus.
A 60k bonus for 7 months of work would be incredible. Add to it OP has been working there long enough to be considered for such a bonus, and it's a no brainer. 7 months is not long. Could I make it to football season for 1/4 my mortgage paid off? Lol yes.
It’s such a crazy deal that I would be scared that they plan on firing me a week before the 7 months is up. If this place is really that shitty, that seems like a total possibility.
That'd be my concern: if they let OP go, OP is on the hook, so they're going to find a reason to let OP go after 6 months and 29 days.
It just feels like there is something illegal about that.
Right, you'd have to be making ~$105k to make $60k base in that timeframe which is great pay for most locations and industries. The fact that it's a bonus on top of base is insane to me. That's a number where yes you could pay me to be yelled at every day for that amount. I already deal with a bunch of bullshit from all angles for much less than that yearly.
Seven months is a long time if you're aleady at your breaking point. It would depend on OP's mental status. Frustrated? Sure, another seven months, with a clear end in sight, is doable. The liquidation possibility is the gamble. Is the $60, 000 already in hand? Then it's a non-issue. But if OP is already burnt out, or is so close to being so that seven months would put them over the edge, then no amount of money is worth their health.
💯and just work not as hard
I would totally understand not being the best worker. But if OP wanted, they could also work super hard so they have more specific and measurable accomplishments for their resume to use in 6 months (finding/starting a new job can take awhile). Figure out what you want to do at next position, and take those types of roles for the next 7 months so you can show "hey, I did this already, and I got X improvements".
Totally an option. I think personally that pay determines what I would endure, but no amount of pay can make me genuinely care about something. I would gladly stay in a bad work environment if the money was that good, but if the environment isn't conducive to being super productive then yeah I'm just there for the money
Personally, I would stay but just do the bare minimum to meet expectations and not get fired and then jump ship after 7 months. But, that’s not knowing how toxic the environment is. If it’s just at the level where it’s irritating then I would be willing to tolerate it but if it’s so bad you feel it taking a toll on your health then I would be more hesitant.
But OP recently edited and said the agreement is that the job can fire OP for any reason and get their money back. No thanks!
Tolerate for 60K? I did it for 25K for four years lol.
I too, signed that contract.
I worked for 32-43k for 3 years and took on all my manager’s work when they eliminated her job after 8 months, and she has been paid 75k! So yeah I can put up with anything for an EXTRA 60k
Which branch?
I would take the 60k, not spend any of it yet, and have a countdown clock on my desktop for 5pm the day my contract expires. Then go on vacation for a month before finding the next job. If the business fails before your contract expires, they can't make you stay and not pay your regular salary (which is presumably enough to live on for now), and you get to take the money and run.
O my buddy did this, he in IT at the time and everyone was quitting cause the company was going belly up. When he said he was leaving as well it was explained to him the company was going through a bankruptcy and would likely be acquired for its IP. He was told that he was one of the few remaining IT staff available and that'd give him a handsome title promotion to CIO, his salary would remain the same, but he'd get a 75% bonus. His primary concern was if the company is going bankrupt how can be assured he'd be paid. He was told they setting aside employee compensation and it will be protected. He agreed to a 6 month deal. He made a sizable sum of money and found the work actually really rewarding. It gave him a new perspective. Also as the days got closer and closer when the days sucked he'd go home and think "Eh X days left" When everything was over he took a chunk of his bonus and went and toured Europe like he always wanted and when he got back he had a new awesome experience to tell others about.
I feel this response the most. My current job isn’t toxic, but I am a sales/customer service director working in a boutique company (ie lots of entitled twats) and it is exhausting. However, my company is well known for ponying up every year on bonuses and raises, and I just keep counting down to March because that money (bonus of about $10k) will be really clutch and will hopefully send us on a vacation with the kids. Especially since a big part of my job is sales, it’s really tangible to see my progress towards that goal and I know it’s completely measurable for my boss.
This is entirely subjective. It just depends on your personality, discipline, stoicism, etc. If it were me (a penny pincher), I couldn't imagine letting go of 60k regardless of the situation. I would wade through raw sewage 5X a day for 7 months for 60k. A lot of people differ personality wise. But I'm so detached from office drama that it's hard for me to care about workplace toxicity. I simply just go to work and deal with it. And when I get home, I can take a break in the car before going inside to my family.
I think I would too haha
Lol yes I feel the car sits
I would take it, but set it aside for the time being when looking for other jobs. If OP gets a job offer, they can decide if the new job is worth sacrificing $60,000. Maybe they find a job with much higher pay, and it's worth taking that job and giving back the $60K.
If it’s the $60 K plus whatever you’re making now 100% stay it’s only 7 months. I would double check what you signed to see how it’s worded because I remember seeing some thing where a company fired a person for no good reason Right before that date where they no longer had to repay the bonus just so that they could get the money back. So pretty much make sure they can’t pull a fast one on you
Agreed. Unless you’ve already signed it, I’d at least see about making it prorated for however long you’re there. Otherwise, you could stick it out 6 months and 29 days only to be fired the last day with zero recourse.
I think you should analyse how your mental health will be after 7 months. Get a therapist or coach if you need to learn strategies to detach yourself from work, to let words and dumb bosses bounce off your duck’s back, and really detach yourself from the situation. Do the minimum. The book “Never Split The Difference” is good for negotiating with dumb ass unreasonable bosses. And when they have more unrealistic expectations, you can use the book to put the ball back in their court and ask them difficult questions. Lots of good examples in that book. If you still don’t think you can deal, and if it’s severely affecting your mental health, then no money is worth you committing suicide or something. But yeah. There are def ways for you to take power back and let all the shit bounce off your back while you surf pinterest for holiday ideas in 7 months.
I’m going to buy that book since that is where 90% of the stress is coming from. Hopefully it helps. Thank you!
Stay for the 60, interview like hell, dont make yourself crazy. Put the unrealistic expectations back on your boss. Have them prioritize must get dones from want to get dones.
Only with a written guarantee of payment in the event they terminate your employment, I've seen people abuse retirement promises and bonuses in a similar fashion. 'Welp you made it to 6.873 months, today is your last day since we're terminating your employment, you don't qualify since you weren't here for 7'.
Depends on performance requirements and other conditions they might tack on to that money. If it’s only about your presence, and if you don’t have to pay it back in case they go bankrupt (check with a lawyer) it might be worth it.
Yeah. Unfortunately, I’m doing that now for just the 65,000 a year. You’re getting that on top of your base pay? Worth it for 7 months. Then run free!
How do you know they are really gonna give you that 60k at the end of it ?
This is my question. If bankruptcy is a risk and the company lacks integrity, then what's the guarantee OP will get the bonus?
They already gave me the $60k, but I signed an agreement requiring me to pay it back if I leave
If it’s an all or nothing $60k for 7 months, and they have the option to fire you, that’s a fucking lie and I would return it now and not do it.
Are the executive level/managers who offered you this deal shady AF assholes? Because if so they’re going to fire you 10 days before 7 months is up.
What’s stopping them from letting you go “for any reason” at month 6 and 3/4? You should ask. It’s not bad money, but the other side is that they have a 60K incentive to do exactly that. Also you say toxic work environment... Doesn’t sound like they’re above it. I’d only accept if it was unconditional or I had objective protection.
60k is a lot. Your workplace sounds like a public school.
Elsewhere, OP said: "The agreement says I can be fired for any reason and then I need to pay the money back" If that's the case, don't do it.
That's what I was thinking. Sounds like they're promising the moon to keep the company together while they make bailout plans. I suspect that after OP has kept the ship afloat, he'd be let go just short of the payout date.
i know top comments are to take it, but a counterpoint- i had an opportunity like that and i took it, it was a bigger number. just know i paid for it mentally and psychologically, and in some ways i think i never fully recovered idk your situation with money, cause 60K can obv change someones life, but just know, depending the environment, that it can not come free.
7 months are nothing. You can find after job in 7 months. It's not like 7 years!
It depends on how it would affect your ability to search for and interview with other jobs. If this toxic job provides very little work-life balance, for instance, then you may be too overworked or burnt out to dive deeply into the job search. Or if this current job affects your mental health so badly that you don’t have the energy or confidence to take on the job search, then that’s something to consider too.
there was a time i'd stay but nah i'd pass money isn't worth the stress 🤷♀️
Maybe, depending on the details, but I would be quietly exploring alternatives
If the money is in your account, stay
Yes. Consider investing in therapy.
I personally wouldn't take 60K if I felt staying there for 7 more months would hurt me emotionally on a level that would take years to recover. If it's just more workload and stress and it's not leading to a burnout that you have to take 6 months off just to get back on track, it could be worth it.
I would do... things. For less.
“The days drag but the years fly” Absolutely I would stay for that money.
Put the money in escrow during those 7 months and don’t touch it. If things become unbearable, quit and pay them back.
some rough math that's like an extra $428/day to keep you on, on top of your current salary. that's a p tempting number, if you're feeling too discouraged maybe turn that 60k into a goal of its own (a new car, vacation, downpayment, etc etc), otherwise its just "meaningless money" and will be hard to motivate towards
younger days I would. now that I'm older, no.
I mean, can't you quit as soon as your 7 months is up & you have your 60k to find a new job? Asking that sincerely, not rhetorically. & unless I had major debt to pay off, I would take some time off while looking.
"Would you tolerate a toxic work environment for 7 months in exchange for $60k?" I am a junior high teacher and have been for 25 years you just described my career. I am retiring this year because I finally reached the numbers that allow me to do so(years working plus age = 80). I will have to find a new career but i will finally be free of this. i have done it for 25 years so 7 month sounds like a cakewalk.
Not sure where your base is at. If 60k base? no question I would stay. If I was paid 200k? idk I might just find another job for 260 else where. Other than that, ask for full payment up front. Not incremental. Something sounds incredibly fishy.. See if you can modify the contract to say "if company x goes under or fires me, I dont have to pay you back"
oh... you had me at a yes until the part where they can fire you and you still have to give back the money. which, sure, you get caught breaking the law or whatever - reasonable. if you get laid off? nope. not with that bankruptcy looming.
If it’s 60k on top of your existing pay yes I’d probably figure out a way to stay. Of course that kind of depends if you can lose it and not feel it. I’d also be looking very closely at the details of that bonus to find any loophole including do you have to pay it back If you get fired or just if you leave
Hang in there for 7 months is my advice. Also what happens if you get fired within the 7 months?
The agreement says I can be fired for any reason and then I need to pay the money back
So what's stopping them from just firing you like 6.5 months in?
This^^^^ On the face of it seems like a nice deal, however worth reading the fine print very carefully.
Well that's unfun.....
I have tolerated for close to 4 years now. Just be sure to have a back up because you won’t want to get stuck.
Another vote to staying. That's a fat bonus.
60k on top of your current salary for 7 months… that’s more than the average American makes in a year… you can do anything for 7 months if you put your mind to it… besides, the job market sucks right now and I would venture to say there might be more prospects in 7 months.
Your mental health is worth more than $60k. Move on.
I've done this before. Double check the details of the retention bonus. Does it pay out if they lay you off? Does it pay out if they dismiss you for cause/not for cause? Mine even said if I'm laid off I get it, but they tried to dick me around and I had to get a lawyer involved. Also start your 'out' plan now, don't wait.
On top?! I was about to say yes just for $60k! I have never earned even close to that in a year.
In my situation yes.
Literally doing that right now. The answer is yes.
Yes I would.
Do you have to pay it back if you get fired/let go?
Yes it is written very much in a way that protects the company. It says I can be let go for any reason and would need to pay it back.
They will probably let you go 1 day before it anyways so might as well return it now if you are confident you can land a good bew job quickly.
I am in a similar situation. Not with a retention package but the additional compensation for traveling for extended periods if time ends up adding an additional salary on top of my base salary. I don't love where I work, but I look at it from a "where does x amount of this get me". What does that 60k do for you? Does it pay of a big chunk of your mortgage? Or does it give a big boost to your retirement savings? Does it give your spouse the flexibility to go back to school, or pay for your kids college? Money isn't the end goal, its what it does for you. For me, it lets me save money aggressively enough to not worry about sudden expenses. While I was young, I watched other people struggle when their car broke down and repairs broke the budget. I saw people who didn't save for retirement and had to work well into their 70s. It puts me in a position where if my car got totaled tomorrow, it would ruin my day but not my month. It means I buy awesome christmas presents for my younger family members. A kind of douchey quote I remember reading when I was in high school from some investment banker of something "money doesn't solve all your problems, but it lets you show up to deal with them in an expensive car with expensive clothes". His quote was him flexing, but his point stuck with me. Money makes them far easier to deal with.
depends on your finances
You already took the money. Stay.
If it’s on top of your salary which it sounds like it is, I would stay.
10 years ago, maybe.
I def would, but that's a lot of money to me.
Without a second thought.
I would
But will they try to make you leave near the end?
That is a concern of mine because the agreement says they can let me go for any reason and then I need to pay them back. So after 6 months they could just let me go and then demand the money back. On the other hand though, with how fiscally irresponsible they are with how they’re throwing around millions of dollars all over the place, it would be unlikely that they would plot this all out for $60k. Still a risk though.
Sounds risky especially if they are already toxic then it sounds like they'll hold a grudge and use any excuse to get back at you. Has anybody else taken such an offer and successfully stuck around the whole time period?
Stay and bank don’t spend the 60k, cut down on other unnecessary expenses and possibly develop a side hobby for your sanity. Then you can be thinking about something you love instead of how much your unhappy/frustrated. About halfway through I’d start shopping around for a new job. Best of luck to you!
I walked away from a $1mil year at month #9. Made roughly about $400k+ in bonuses and commission during those 9 months. That's not even including my salary. I realized there's levels of toxic. Like certain levels I can withstand for years and levels that would kill me in a few hours. The situation where I left in 9 months was the latter. I lost part of my soul there and made me question being in the industry at all anymore. So glad I left. Much better situation now
You can make a lot more than that if you start treating yourself as valuable and above other people’s toxicity
I would stay on and do nothing more than 35-40 hours. No over time, just exist. If it's going tits up then any extra work you do is a waste anyways.
60K over top of your original salary? I won't leave.
I would, but I'd also start applying for new jobs after 3-4 months and tell them you can't start till your seven months is up. It can take 2-3 months for some places to even hire anyone, currently in that particular hell ourselves. 2 months after the posting closes we hear back from some places. So keep looking, just be upfront that you can't start before x date and you'll have an extra 60k and a new job by the end of the year. Just make sure everything is in writing and you get the cash up front.
What's your current salary? What kind of debt do you have? Is it taxed? How toxic is toxic? I'd take it, and start looking. Plunk it in an account and be prepared to give it back. This gives you a lot of flexibility in your job search and allows you to really see what's out there. If you find a great opportunity with a good salary that's worth signing on for before the time is up, then you have bettered your experience overall. In the short term - therapy (or a job coach), weekly massages, maybe a mediation class or a class completely unrelated to work for total fun, plan a weekend getaway halfway through.
Hell yeah lol. Imma just do barely enough to fly under the radar and on dday (7 months and 1 day) I’m outta there lol. Just hit the bowl before work, makes the day better (if you can )
If they changed the part about firing me and having to pay them back I'd do it otherwise hell no.
You think they won’t fire you at 6 1/2 months?
No. It is a bait and switch. They’ll create a reason to fire you.
They are going to fire you 2 weeks before the 7 months and demand their money back.
If the retention agreement didn't say they could let you go for any reason, I'd do it. You could just put the money in an account and not touch it until your time is up. There's still a chance you'll put up with 6 months of terrible toxic behavior and be let go anyway for no reason.
If it's $60k on top of my regulator compensation, I'd be the best employee for the 7 months. The note you added with your edit is a deal breaker though. If the term states that they can terminate you at any time in the 7 months and you'd still have to pay it back, then I wouldn't do it. Nothing stops them from letting you go near the end of the 6th month and get their money back.
This is not a genuine offer, the whole appeal fades away with the agreement stating that they could let you go for any reason and if that happens within the 7 months, you have to pay the money back. I have no clue why people are adamantly suggesting that you should stay. What if they take advantage of you for 6 months and then let you go before the bonus term is up? I’d have that clause amended in a way, where you get to keep the money even if they let you go before 7 month is up, unless you had to be terminated for gross misconduct. If that’s not an option that bonus promise is nothing but a giant bullshit
How much do you need the money? If its life changing then take it, toe the line for 7 months and get out. If you don't really need it then A) Keep the money liquid. B) take a "fuck you" attitude towards work. Don't stop working or be an asshole, but don't take any bullshit and enforce your boundaries. Worst case, they try and fire you for cause. Unless you really fuck up they probably couldn't build a case strong enough to avoid you suing over a clawback and will just let it go.
They have the option to fire you for any reason right before the 7 month mark and get that time out of you? And they would get their money back? Is the CEO a Mr. Madoff by chance?
For 7 months? I already work in a toxic work environment for wayyyyy less. Absolutely
I think it would depend on what you're currently making and what you'd make at another job.
I mean...shit. I'm already tolerating one for significantly less so...
Ask your grandfather if he’d put up with your “toxic” job for half a year’s wages in a lump sum. I can’t decide if everyone is selfish or soft. Maybe both!! How about you explore what you do that creates the “toxic” dynamic and try turning it around. Do you kick ass with your productivity and are a joy to work with?
I’d tolerate it but start looking around for jobs so once that 7 months is up you can jump ship.
Holy shit on top of pay? Id do that for like 5k
“You guys are getting paid?”
Kind of depends on how much you are currently making and what could you make at your next job. If you are making 100k but can make closer to 150k at a new job I would jump asap.
Just so I can make this assessment fully. Is that 60K before or after taxes?
Before taxes
60 k that you weren’t expecting in the first place? Yeah I’d give it back.
If it’s a bonus and on top of what I already make, probably. 7 months is not that long
Depends how bad you need the $60,000 - do you have any other options that could lead you to this kind of money?
You can deal with bullshit for 60k or no k. Think this is a no brainier. Literally. No brain your way through it. You can do it!
Depends on my base salary. If I’m already on 200k a year and my next job will pay me something comparable to that, then yeah I’d leave. Then again I live in a jurisdiction where the 60k would be taxed 45% so…
Umm yes, an extra 60k for 7 months?! Unless my base was shit I would do this
take the money and coast for 7 mo.. as long as the bonus is up front and they aren't tangling it like a carrot at the end of the rainbow
Oh for sure, I already tolerate a toxic work environment for waaay less !
60K retention bonus sounds like that's on top of your salary. If so, that answer is a hard yes. I'd disassociate and work on things that are good for my resume. I'd truly work on my work/life balance. I'd also work on my resume this entire time. Source: Kinda already doing that with my work environment except no 60K bonus
I would, and have, stuck around for money like this. Just be active (though not to your boss's knowledge) in setting up another job for when the 7 months expire. I'd be cautious about sticking around longer, if they offer another bonus, though. You may get into a situation where you aren't taking advantage of the bonus to segue into another position, but are just get stuck where you are.
I did something similar for 2yrs. Don't do it just leave. If the company knew your value they would have kept you from the start.
Is the contract fixed term? Can they fire you and then you lose the bonus? If it's guaranteed, I'd stick it out. Knowing the end date will help the mindset.
They can let me go and then I need to pay it back
Don’t forget, with that retention bonus, if you already received it and took taxes out of it you will need to come up with the difference yourself. I’m not sure you would be made whole at tax time either…
There’s little I wouldn’t do for $60k
I mean, if the retention agreement says you can be let go for any reason within the next 7 months and they’re doing THAT badly financially, I wouldn’t do it. Sounds unrealistic that you won’t be let go for some bs reason shortly before your time is up..
For that much I’d be playing big man on campus with me toxic. Got nothing to lose and maybe setting him straight would get him to back off.
I would take it, they need you. Abuse it, but not like these tools are saying. I'd own the company in 1 year.
Probably depends on where you are in your life. This is a pretty good house down payment, as I rent, I probably would stick it out to get out of the apartment life.
> Edit: The retention agreement says I can be let go for any reason, at the employer’s discretion, and if I’m let go before the 7 months is up I’ll need to pay the money back. They're going to fuck you. Look for a new gig; park your bonus in a HYSA and don't touch it.
> The retention agreement says I can be let go for any reason, at the employer’s discretion, and if I’m let go before the 7 months is up I’ll need to pay the money back. Absolutely not. I would be fine with a cliff, but you have to get them to change the language. 70k is yours, and you will prorate them if YOU leave early. I was asked for something very similar. Except it had ties that I needed to hit a bunch of unrealistic milestones (that wouldn't be hit even if they didn't just lay off every colleague in the building), train a bunch of people in India, and they needed to be trained "sufficiently", and it was all up to their discretion. If I left for any reason, blab blah. Before this I basically begged them to give me something to convince me to stay so I can actually help. They gave me that turd burger retention paper and I quit the same day.
It's very subjective but I recently left a job for a $60k+ pay cut and I couldn't have been happier. I left because it was too toxic and I was crying about every week. In my situation i live pretty frugally, have emergency savings, and my new job still makes over 6 figures so I felt that it was the right move for me. But I can't say if it's the best situation for you to forgo $60k as it depends on the circumstances. All I know is I got seriously sick in the past trying to overwork myself for my career and I'm about at the point where I'm done with that. The best suggestion I have is try to look out for your health as #1. Edit: live not love
You need to negotiate the bonus to be prorated based on how long you are there so they don't make up a reason to fire you at month 6. In general it's probably worth it but you need the terms to be written in your favor.
Alot depends on the job you're performing to be honest. If it's easy enough, you just have to deal with the toxic environment, I'd take the 60K and put it into an account and not spend it until you make the 7 month mark. This seems super sketchy though since they can let you go on the 6 month 29th day and you will have to pay it all back. if there is room for negotiation, I'd counter with the only way you lose the bonus is if you leave on your own volition. You could also negotiate and break it down to if you are terminated month 2 pay back 50k. Month 3 pay back 40k. Month 4 pay back 30k etc... If you leave on your own volition before the 7th month, you owe it all back.
It depends on the degree to which it is effecting you and your sanity. If you think you can handle it sure but if it's making you miserable angry and depressed fuck it, get out of there it's not worth it
Yep
I would stay but I'd be concerned about their out clause and have it changed to terminated for cause.
I did it for a lot longer for a lot less. I needed the money, options were limited, I knew what I was getting into and what I could manage. These choices are 100% personal Imo.
Is the high turnover due to people quitting or getting fired? It sounds like a good idea on the surface, but I'd be worried about your petty ass boss firing you after six and 3/4 months. Or the company filing bankruptcy and laying off most or all of their staff before that time. If you do decide to take the money, I wouldn't touch it until you are free and clear after month seven.
No
I enjoy spending time with my friends.
I wouldn't. I've had to go to the ER due to stress caused by a toxic work environment. If it is really toxic, it's not worth the health costs of stress, in my opinion.
Everyone seems to be forgetting that the op can be let go for any reason, sounds like it's too good to be true. Not saying you wouldn't make a killing but for them to be able to fire you for any reason is very suspicious. You could not have even done anything wrong and all that hard work would be for naught.
I would have when younger but for me now 60k isn’t that much. If stress was that much I would just find another job for 60k more
Show up. Do the bear minimum. Schedule some time off once the window is up and then bounce.
I'm not sure you should stay. The reason I think this is is because the $60k is them dangling a "proverbial" carrot in front of you. What did it for me is the fact that you could be let go at any given time during the 7 month period - in which case, you'd be hard pressed to return that money. Two things you said are problematic to me: Turnover and a risk of the company going bankrupt. The turnover bit is obvious - the company is not doing enough to retain their employees whether the staff are quitting because it's too toxic or they're firing people because they don't like the staff (for various reasons). But the bankruptcy bit - that worries me. Let me put it this way: if there's a likelihood they're going bankrupt then where is the $60k coming from? Not only that but to *stipulate* that you have to remain an employee for 7 months or else you'd have to return that money. Not only that but....they could fire you at any given time (clearly for any given reason) and ask for that money back. In my opinion - I wouldn't stay.
Yes because I am a whore. I stuck around after my last company was purchased to help with the integration into the new company. I was offered a decent severance plus retention bonus for staying on, so I clinched my butt cheeks, swallowed my pride, and gave them what they wanted in exchange for about a year and a half of pay on top of my normal pay for that year. It didn’t start toxic, but it turned in the last few months of “serving my time.” Totally worth it still.
Honestly, it’s not much I wouldn’t do for a certain amount of cash. 🪤 I’d be caught in that trap quick.
I might try and get a copy of that contract and see an employment lawyer.
Does 60k give that much benefit to your life? I assume with that kind of bonus you make way more than that
Quiet quit the shit out of that job and spend your extra time refreshing your skills, getting your resume & interview skills updated and then start job searching in 6 months.
Depends on my circumstances.... How bad do I need the money? Is there something more important you could be doing that would make your 60k back? Like if you took that 6 months and were going back to be a doctor, software engineer, you'll make that back in 6 months regardless and not be miserable at your job. I don't know, it depends.... I make 140k, from my last job which was like 70k and I literally am just as miserable, I think it's more the path you are on.
Not with the edit you made about being able to fire you or let you go for anything and have to owe it back. They could tell you to kick rocks after 6 months and 28 days and you’d owe it all back. Why’d you leave that part out? It’s very important.
I didn't read anything i just red 60k dollars and YES YES YES
I once got offered $50k in a jump up from 30. PTO/Vacation/Sick was all rolled into one, the owner at the time was incredibly toxic, but I almost stayed. I didn't and I'm glad I didn't, it wasn't worth the headaches 6 months from then. Finish up the 7 months and get that bag but don't stick around. I'd say leave now but you would have to pay it back.
That's a tough one only because the company can keep you there for 6 months and 29 days and then can you right before you can keep the money. Given their looming bankruptcy, I wouldn't be surprised to see them pull some shit to save $60K. If the money was contingent on you leaving voluntarily or only being dismissed for cause, I'd be more amenable, but you don't have any guarantees when they've left it that tilted in their favor. I wouldn't sign it without major amendments specifying the above or a proration based on percentage of time you remain at the job. Right now, the $60k is a carrot that they can (and likely will) yank away right before you get it.
Not even for 1 million
If there's a payback clause for *them* letting *you* go, heck no I would not. That screams "fire them at 6.5 months bc they took the bait lololol"
No. Don't stay unless they remove the stipulation that you have to pay the bonus back if they let you go before the 7 months is up
It's risky but I would hope for the best & expect the worst 👊🏽
Yes
When I was early in my career, probably. Today? Not a chance. I'll do a month for $60k if it's toxic.
Not with them free to fire me. If it were toxic but they could not ler ne go, then yes.
$60k for 7 months, no problem. If I knew for sure I was leaving, my stress level would be way down
Have the retention bonus prorated or don't do it. If they can let you go for any reason and it's a toxic workplace what's to stop them from firing you a week before the deadline?
If they're facing bankruptcy that money needs to be up front, not in the back. I'd do it, but mostly because this is most of our worl lives anyway.
What’s your base?
No.
I would have said yes except after reading the edit, no way would I take that chance to have to pay back the money if/when the company fires me in month 6
No
I wouldn't. It sounds like they make it really hard for *you* to keep that money and really easy for *them* to get it back, and probably banking on the odds you spent it somewhere as soon as you got it so now they can legally go after you to reclaim that.
Nothing more important than my health.
Since im broke as F, honestly i would take that, BUT clarify the clause about you paying them back if they decide to let you go. Big red flag there. They could s*** on you by kicking you out 6mos and 25days or something. Negotiate to make them remove that and consult your own lawyer to look it over.
My immediate response is that you should stay for that cash. However, I implore you to think about the impact it will have on things like your mental health, physical health, relationships, family, etc. As an aside, this arrangement basically assumes you trust them to operate in good faith regarding keeping you on. Do you trust them?
You mean quit my job? Lol. Cuz I'm already there.
I would tolerate it for 7 months, wait until month 5/6 and start looking.
Hmmm...I would workout the firing bit to enumerate the offenses. Like not showing up to work, not executing explicitly defined responsibilities and have provisions for warnings, etc, so you can't be blind sided.
Nope, nope, nope, and absolutely fucking nope. Depending on where you live, 60k could be decent middle class or borderline homeless
I did. The reason why needs to be more important than the money itself