Quick! Need to know (for daughter)

[sojourner]

what is money that is paid "up front" when signing on to a company (as a consultant, for example) called?

[gkhouston]

1. signing bonus? n/t

[sojourner]

6. thanks! you guys ARE quick!

::):

[jrw14125]

2. signing bonus?

[sojourner]

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.

[ThreeCatNight]

3. A bribe? :) nt

[sojourner]

15. now yer talkin'!

oooops. but she's not a politician! or a civil servant of any sort. but if she wuz................::):

[asjr]

4. Enticement?

[sojourner]

13. thanks for posting...you guys are FAST!

::):

[havocmom]

5. Retainer?

:shrug:

[sojourner]

7. that's the one we're going with...thanks loads!!

[CornField]

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.

[sojourner]

17. ummmmmm (don't hit me for this okay, but i can't resist)

so you're a confidence man (or person)? :evilgrin:

[walldude]

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..

[sojourner]

12. Ack! I have to get hold of the kid and change that!!

[Rose Siding]

10. Money paid by the company to the potential employee? A retainer?

[sojourner]

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:

[Warpy]

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.

[sojourner]

16. thanks warpy!

::):

[librechik]

18. salary advance?

the question is a little general. Everyone else's answers are good too.

[sojourner]

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.

[Straight Shooter]

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. :)