FY17 pilot bonus program
07-31-2016, 06:19 AM
#2
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Originally Posted by JimmyJr3
Anybody hear or know about details regarding FY17 pilot retention bonus? Heard a rumor last night that it could be doubling. BS?
07-31-2016, 06:25 AM
#3
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Originally Posted by FlewNavy
Navy bonus for pilots is effectively the same which means its worth less this year than it was last year etc. They have been paying 125K for 15+ years now? Never adjusted for inflation and it was fine during the "lost decade" when it was hard to get out for an airline gig but the AD pain has increased and I honestly don't think it will be enough to keep guys in for a DH tour.
07-31-2016, 06:36 AM
#4
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Originally Posted by JimmyJr3
Are you saying the navy's FY17 bonus has been released already?
Its been on the NPC website.
07-31-2016, 09:11 AM
#5
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Originally Posted by JimmyJr3
Anybody hear or know about details regarding FY17 pilot retention bonus? Heard a rumor last night that it could be doubling. BS?
07-31-2016, 07:12 PM
#6
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Originally Posted by FlewNavy
Navy bonus for pilots is effectively the same which means its worth less this year than it was last year etc. They have been paying 125K for 15+ years now? Never adjusted for inflation and it was fine during the "lost decade" when it was hard to get out for an airline gig but the AD pain has increased and I honestly don't think it will be enough to keep guys in for a DH tour.
08-01-2016, 05:35 AM
#7
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Originally Posted by FlewNavy
Navy bonus for pilots is effectively the same which means its worth less this year than it was last year etc. They have been paying 125K for 15+ years now? Never adjusted for inflation and it was fine during the "lost decade" when it was hard to get out for an airline gig but the AD pain has increased and I honestly don't think it will be enough to keep guys in for a DH tour.
08-01-2016, 06:32 AM
#8
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Originally Posted by FlewNavy
Navy bonus for pilots is effectively the same which means its worth less this year than it was last year etc. They have been paying 125K for 15+ years now? Never adjusted for inflation and it was fine during the "lost decade" when it was hard to get out for an airline gig but the AD pain has increased and I honestly don't think it will be enough to keep guys in for a DH tour.
08-01-2016, 06:47 AM
#9
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Guys talk a big game with the bone-us, but I think it is more of a kitchen table player than a ready room talk player as far as the calculus goes. That money, however paltry it is for the pain that you endure, can make a difference.
$75k for non-tacair is them basically saying "thanks for your time, but we will get enough of you to stay without paying you anything." After taxes and dividing it up into installments, it may as well be nothing.
$75k for non-tacair is them basically saying "thanks for your time, but we will get enough of you to stay without paying you anything." After taxes and dividing it up into installments, it may as well be nothing.
08-01-2016, 08:08 AM
#10
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Originally Posted by BDGERJMN
You're assuming the bonus was a carrot for folks to stay in in the first place. I don't know a single person that put the bonus in their calculus to stay in/get out. I would classify it as a 'nice to have' if you're staying in. The idea that the retention bonus is just that, a retention bonus is a false assumption by both BUPERS and AFPC in my opinion. Dudes get out because they want a change, want to do something else or simply want a better/different QOL. Either way, if the bonus is at all a carrot that the personnel commands think it is, its no where near enough in today's external hiring climate.
I took the devil's money because I knew I was staying in for 20 based on enlisted time + initial winging obligation. I am going to walk at 20 years and 1 day if I can even though I'm leaving from a staff tour.
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