#141: Retention Bonuses–the good and the bad

Josh and Amelie discuss retention bonuses. What are the pros and what are the cons? Mo’ money, mo’ problems? Top things to think about Sabbaticals usually operate as retention bonuses–you get the time off (usually for research) and then are required to stay for a year afterward. You’re locked in for a retention bonus…except that you might be able to negotiate a signing bonus to pay back the retention bonus. Read the fine print and terms of a retention bonus so you know all the implications. Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow