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Repayment of Sign-On Bonus/Tennessee Tennessee

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  • Repayment of Sign-On Bonus/Tennessee Tennessee

    Upon my hiring I received a $10,000 sign-on bonus. After only being employed for 5 weeks I realized that the job was not a fit for me and was a
    different animal than originally represented. In my offer letter it stated there
    would be a repayment penalty to the sign-on bonus if voluntarily resigning within the first 18 months of employment. However, it did not specify any terms of repayment. I used the $6700 sign-on money after taxes to purchase a used vehicle. They now want their $10,000 repaid and already applied my last paycheck to the total. I now have no paycheck, a $7200 balance, and they didn't even prorate it in the slightest for my month of employment. I want to do this the right way and repay their money; however, do I have any leverage as to a payment plan? What is the time frame I could take? Are there any specific laws that would govern their policy? The precise repayment terms were never outlined in my offer letter. Any guidance would be so very helpful! Thanks!!

  • #2
    Duplicate post
    The above answer, whatever it is, assumes that no legally binding and enforceable contract or CBA says otherwise. If it does, then the terms of the contract or CBA apply.


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