Kiplinger.com, September 11th, 2007
Judging from recent government reports, the job market isn't quite as squeezed as it was, and our forecast for the rest of the year is for moderate, instead of sizzling, growth. You get a far different picture from recruiters and want ads. There, you see bosses still scrambling to fill corner offices and cubicles alike, and more candidates collecting a bonus just for agreeing to be hired.
A recent look at the want ads on
Chicago
,
Dallas
retailer and
Seattle
.www.craigslist.org, for example, found a $5,000 bonus offer for a corporate accountant in $6,000 for a sales manager at a $2,500 for a mammography technician in
Ted
Henricks
, 52, was offered a bonus of 10% of his salary to become a senior-level purchasing manager at a large communications firm in
Rochester, N.Y.
Because the move was a lateral one for
Henricks
and he was pretty sure his salary was near the top of the company's pay scale for the job, he wanted a sweetener to take the position. "A cash payment up front is quite a nice incentive, frankly," he says.
Companies often use sign-on bonuses when there's not much wiggle room in the pay grade or to make up for something you're giving up -- such as a year-end bonus or stock incentives -- at the old job.
So don't be afraid to ask for a bonus. But at the same time, don't let a bonus lure you into taking the wrong job. Says
Atlanta
recruiter
Tom
Darrow
: "Someone swayed by the immediate cash may overlook the real issues of the job."
