Originally Posted by
Macdacpilot
What's the deal with the "contract" for $12,000 at $1000/month? If you sign on, is there a penalty for leaving early (before 1 year with the company)? Or is it simply a way to try and keep people there for at least a year?
The main reason is so the company doesn't spend a bunch of time, money and resources on someone to go through initial training and get an ERJ-170/190 type rating and possibly an ATP and then jump ship.
Compass is protecting themselves. The "keeping people around" is the places that gives you a bonus after a year or two of staying there. Sure the contract can help with that, but it's not the primary means of it.