Originally Posted by
jabfly
Thanks FlexNinja on the parking answer...
A question about bonuses for anyone that knows... since I recognize each company treats these differently.
PSA has a $16.5k signing bonus (I don't have a CRJ type rating), then a $20k one-year retention bonus.
Do each carry a one year commitment? As an easy example, if I fly for PSA for 18 months, would I receive the full $16.5k after completion of the first year, then get to keep half of the $20k for flying half of the second year? Thanks!
The retention bonus is $20k over 2 years. Pretty much, you get an extra $2500 for every quarter that you are an FO for up to 2 years.
As long as you are working, you keep getting the bonus.
Upgrade times are sitting around 18-20 months right now, and some people are bypassing on upgrade because with the retention bonus, FOs make almost as much as captains.