These Tech Companies Give the Largest Signing Bonuses
Tech companies are known for offering large signing bonuses to recruit top talent. Facebook in particular, has been known to pay returning software engineering interns up to a $100,000 signing bonus. Quite a bit of cash for a new graduate, and that’s just the signing bonus.
That’s why we decided to ask our users one simple question: “Did you receive a signing bonus from your current employer?” A total of 5,212 users responded to the survey, with 67.3 percent answering that they received a signing bonus from their current employer.
So, where do most signing bonus recipients work? Actually, not Facebook. Amazon leads the way with the highest number of employees who received a signing bonus, with 92 percent of employees answering that they received a signing bonus from the company. Facebook is not that far down the list though. Rounding out the top 5 are Snapchat (87 percent), Apple (86 percent), Facebook (83 percent), and LinkedIn (80 percent). However, only 24 percent of Uber employees said they received a signing bonus.
Among those who received a bonus, 11.4 percent received one of $100,000 or more. However, the largest percentage of employees received a signing bonus of under $10,000.
Then we looked at which companies employees are most likely to receive hefty $100,000 signing bonuses. According to the results, 17 percent of Facebook employees received a $100,000+ signing bonus, which was the highest among the top tech companies. Salesforce on the other hand, had the lowest, with only 1.5% answering that they received a signing bonus of $100,000 or more.
More info about the survey:
A total of 5,212 users of Blind were asked the question, “Did you receive a signing bonus from your current employer?” Respondents were able to choose only one answer from the following options:
$100K+ • $90,001-$100K • $80,001-$90K • $70,001-$80K • $60,001-$70K • $50,001-$60K • $40,001-$50K • $30,001-$40K • $20,001-$30K • $10,001-$20K • $10K or less • No bonus
The survey ran from May 8, 2018 through May 13, 2018.
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