Employment-Related Bonus Programs go by many different names. Employers may choose to refer to their particular program as a sign-on, referral, retention, incentive, tuition repayment, loan forgiveness, or other type of bonus. Regardless of the name, it is important for both employers and employees to understand the terms of a particular bonus program and to set forth such terms in a written agreement. For more on this topic, see Not All Employment-Related Bonuses Are Created Equal as published in the October 2008 issue of Impact Magazine.
