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The incentive? Having integrity perhaps? Besides, it's not even financially worthwhile to job hop just to get a bonus. The bonus works out to be less than eight days of salary. If you're really a top developer, you're not going to tarnish your reputation for such a paltry sum.

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I wish "having integrity" was a more universal incentive, but you have to see it from all angles. I can see how top talent would avoid it, but what about the others?

At least from what I have seen, the Valley is much friendlier when it comes to job-hopping than most other markets. Maybe changing jobs every year is a little extreme, but certainly every 2-3 years is not out of the question.

You're talking about something different. The comment I replied to asked what the incentive was to prevent the employee leaving soon after starting the job, such that implementing a policy of only paying out the bonus after 3 - 6 months would curtail such an issue.

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