Secrets Companies Don't Want You to Know about Sign-up Bonuses

Really the sign-up bonuses these days are just off the charts! I just saw one from Telus PLDT that was P 40,000! Amazing! I hear People Support gives out rather hefty sign up bonuses as well for specific accounts.

Employees and would-be applicants would do well to know what they're getting into before being blinded by such up front efforts to purchase their "skills." Here are some secrets that BPO companies don't what you to know about sign-up bonuses

1. I was told by a BPO company's president that the reason for this is that they want experience call center agents in the door, and they want them quickly.
2. These companies don't have or don't want to invest in training so you shouldn't expect much coming in the door
3. The average monthly compensation won't be as high - they just want you through the door
4. There is usually a bond to these sign-up bonuses. You don't get them for nothing. Companies will have you commit to staying for six months/ a year/ or perhaps for the duration of the account.
   

Depending on the deal, be careful about what you're getting into. Ask about the fine print on the sign-up bonus deals.