Retention Agreement between Dialdata S.A. Internet Systems and Antonio Alberto Valente Tavares
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FAQ
The average retention bonus is between 10-15% of an employee's base income, but the amount can go up to 25%.
Reduced Turnover Hassle. Improved Morale. Reduced Acquisition and Training Time. Dedicated Company Experts. Increased Overall Productivity. Better Customer Experience. Reduced Costs.
Retention payments are a percentage of milestone payments owed to a subcontractor or vendor. They are withheld pending full practical completion and resolution of any defects. Many project owners or end clients also hold retention payments from monies due to the head contractor at the agreed project milestones.
You can ask for time to consider the offer, and then come back with your requests. You might negotiate for more money, a shorter retention period, a change in when the bonus is paid, or you might even request to forgo the retention bonus and request a pay raise instead.