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Quick! Need to know (for daughter)

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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:52 AM
Original message
Quick! Need to know (for daughter)
what is money that is paid "up front" when signing on to a company (as a consultant, for example) called?
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gkhouston Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:53 AM
Response to Original message
1. signing bonus? n/t
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:56 AM
Response to Reply #1
6. thanks! you guys ARE quick!
::):
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jrw14125 Donating Member (378 posts) Send PM | Profile | Ignore Wed Dec-21-05 11:53 AM
Response to Original message
2. signing bonus?
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:57 AM
Original message
i am amazed at what a resource DU can be!
thanks for posting a reply. we're going to use "retainer"...bc of the professional nature of her work.
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ThreeCatNight Donating Member (930 posts) Send PM | Profile | Ignore Wed Dec-21-05 11:54 AM
Response to Original message
3. A bribe? :) nt
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:05 PM
Response to Reply #3
15. now yer talkin'!
oooops. but she's not a politician! or a civil servant of any sort. but if she wuz................::):
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asjr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:54 AM
Response to Original message
4. Enticement?
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:01 PM
Response to Reply #4
13. thanks for posting...you guys are FAST!
::):
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:55 AM
Response to Original message
5. Retainer?
:shrug:
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:56 AM
Response to Reply #5
7. that's the one we're going with...thanks loads!!
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CornField Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:56 AM
Response to Original message
8. It depends on the consultant's expertise
For instance, lawyers refer to it as a retainer. In my line of work it is known as confidence/seed money.
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:08 PM
Response to Reply #8
17. ummmmmm (don't hit me for this okay, but i can't resist)
so you're a confidence man (or person)? :evilgrin:
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walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:57 AM
Response to Original message
9. If it's money against what the consultant is supposed to earn
then it's a retainer. If it's money paid just for taking the job it's a signing bonus..
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:59 AM
Response to Reply #9
12. Ack! I have to get hold of the kid and change that!!
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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:57 AM
Response to Original message
10. Money paid by the company to the potential employee? A retainer?
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:03 PM
Response to Reply #10
14. thanks Rose...we nabbed onto retainer, but I think its really a
signing bonus. but it's too late to let her know so it is what it is. :shrug:

thankyou for posting a reply though. DU is great!!! :yourock:
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 11:59 AM
Response to Original message
11. If she pays them: SCAM
If they pey her: sign on bonus

Generally there's a set time to work, or she'll be sued.
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:06 PM
Response to Reply #11
16. thanks warpy!
::):
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:14 PM
Response to Original message
18. salary advance?
the question is a little general. Everyone else's answers are good too.
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sojourner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:20 PM
Response to Reply #18
19. point taken...
question was typed in as fast as my fingers could fly (which is only slightly slower than my brain in the morning) as daughter was about to walk out the door to meeting at which her proposal will/will not be accepted and contract drawn up. needed an answer quick and i couldn't even think of a good synonym.
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Straight Shooter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 12:29 PM
Response to Original message
20. From my experience in the legal field, it's called a retainer.
But you've already grabbed that, I'm just feeling chatty today. :)
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