Quote:
Originally Posted by VladtheImpaler
Exactly. If you are good at what you do, perhaps one day you will get a contract like that. When the market was hot in Calgary law firms were payng $10-15K bonuses to stay until Nov. 1 of the year (or whatever date).
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Also, oil companies in the midst of a takeover need the people to stay, even if there is uncertainty their job will be there after the merger. Can you Sunoco / Petro-Can. If I worked in HR my resume would be out. If they offered me $20k if I am still there in March 2010, then I weigh my options.
What does the company want? For people to stay. So they offer retention bonuses. Again, that is how the system works.