Balancing banked leave, yearly bonuses, signing bonuses, and rapid hiring?
September 10, 2009 7:48 PM Subscribe
How do I balance an accelerated hiring timeline, banked vacation time, and an upcoming bonus? I'm expecting to be offered a job, and the hiring manager wants someone in the role in days-not-weeks. The performance year at my current job is just wrapping up, and bonuses won't be paid out until mid-October. I also want to take the vacation time I've earned. How can I make this work best for me?
posted by anonymous to Work & Money (8 answers total) 1 user marked this as a favorite
How much information can I share with the prospective manager? I really have no interest in continuing my current position, but don't want to miss out on the new one simply for a bonus. On the other hand, I god damned earned this yearly bonus, and it has the potential to be sizable (~10% annual gross). Ideally, I'd be able to negotiate for a signing bonus and still collect my pending bonus, but I worry that telling my prospective boss to delay his plans in order to collect an extra check won't get him excited about giving me a signing bonus. Should I reveal my intentions and negotiate for an extra-fat signing bonus to get me onboard?
And how do I balance my vacation time? I've got ~3 weeks saved up and I really don't want to lose it. Is it typical for a company to buy out vacation time because an employee is leaving, or would I need to do what I've done before and use it on my way out the door? Can I be doubly-employed? Should I ask my prospective boss to delay his plans so I can take vacation?
On a slightly related note, I've already expressed reservations about the accelerated timeline, citing (legitimate) concerns about existing work obligations. I like some of the people I work with, and don't want to screw them by surprising them.
The older I get, the more complex my life gets, and I don't know anyone who can advise me that doesn't have an interest in my actions... so to the hivemind I go!