In this episode of The Compensation Podcast, Lucas and Luna dive into the mechanics behind signing bonuses and clawback clauses. Using the example of a senior engineer at a top tech firm who lost their $50,000 signing bonus after leaving in month 23, they explore how these incentives are structured, why they have two-year cliffs, and what the fine print means for employees. They also discuss the difference between signing bonuses and relocation packages, how companies use them to offset equity illiquidity, and the surprising data on what percentage of bonus recipients actually stay long enough to keep the money. A must-listen for anyone negotiating an offer or planning a career move.