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Subject Topic: Paying back CPA bonus (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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dasee
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Posted: 31 Mar 2012 at 19:09 | IP Logged  

Did anyone leave Big 4 before 2 years? Were your required to pay your CPA bonus back?
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WSPcpa
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Posted: 01 Apr 2012 at 18:18 | IP Logged  

No, no one has ever left big 4 before 2 years.

JK, but I believe it is pro-rated depending on how long you
work. If you work 1 year of the 2 year requirement you owe
half ect. I think the CPA exam fees themselves also fall
into this category.

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dasee
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Posted: 01 Apr 2012 at 23:37 | IP Logged  

lol right, should've thought that first sentence through a little more.  Pro-rated, you say? Good to know :).  Thanks.
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badcpa
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Posted: 02 Apr 2012 at 15:10 | IP Logged  

I haven't worked for the Big 4 since '09, but don't
recall anything ever being said about repaying a CPA
bonus. I was let got a few months after getting the CPA
bonus, so I'm sure they would have tried to make me repay
it if that was a policy.

The signing bonus is the thing that they sometimes make a
provision for repaying if someone does not remain with
the firm for a certain length of time. Also if they have
paid for your schooling sometimes they might want a
portion of that returned.

Your employment agreement should tell you upfront what
might need to be paid back and when. For signing bonuses
our deal was if you left before six months had passed you
had to pay it all back, and if you left before a year was
up you had to pay half.
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liezelB
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Posted: 09 Apr 2012 at 03:22 | IP Logged  

None have ever make it.
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