A joining bonus is an incentive offered by employers to some new employees as a way of welcoming them to the organisation and encouraging them to start work as soon as possible.

It is a one-time payment made to the new employee upon meeting specific conditions such as signing a contract or completing a probationary period.

Offering joining bonuses can help companies attract top talent and provide additional motivation for candidates who may be considering multiple job offers. Joining bonuses can also help offset expenses that may be incurred during the relocation process, especially if the new employee is moving from another city or country.

Joining bonuses can take different forms such as cash payments, stock options, or other benefits like paid vacation days or free healthcare. The amount of joining bonus offered typically depends on factors such as seniority, industry, location, and level of demand for the role.