Keep enables employers to issue retention bonuses at the beginning of a period, but enjoy the same benefit as a retention bonus that is paid at the conclusion of a period. Keep achieves this through entering into a Loan Agreement with the employee that requires repayment of all or a portion of the amount if the retention obligation is not met.
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Articles in this section
- Verifying a bank account using Micro-Deposits
- Bonus statuses on Keep
- How are collections handled?
- How can I educate my employees and potential hires on how Keep works?
- What happens in the event of death/disability of an employee that receives a Keep Bonus?
- How do Keep Vesting Cash Plans impact my financial statements?
- How are taxes handled on a Vesting Cash Bonus?
- How are the vesting milestones tracked?
- How long does it take Keep to process payments to the employees?
- How do I fund my Keep Vesting Cash Plans?