3min chapter

Scaler Pod - The Software Engineer's Podcast cover image

Code pe Charcha - Ep #05 : Breaking down CTC packages for techies - ESOPs, RSUs, Bonuses

Scaler Pod - The Software Engineer's Podcast

CHAPTER

What's the Difference Between Retention Bonus and Joining Bonus?

Retention bonus is paid out after you have finished certain amount of time at the company. Company want to make sure that you are not just checking up the offer to boost up your salary slips and then switch again. So, retention bonus is in a way a way to ensure that also you know in a structured way that you are going to get this money only after you have spent some time here.

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