Originally Posted by
Agriz83
Also looking for clarification and thanks for the previous posts for typical pay expectations.
Is there a requirement to pay any portions of sign-on bonuses back if for whatever reason I didnt stay for 1 year? The Part 91 bonus only applies to those coming from a fractional correct? Assuming my corporate Part 91 contract work doesn't qualify. Thanks in advance!
$5000 initial bonus is considered "earned" on completion of IOE.
The $26k bonus, type rating bonus (for those that are eligible), and $10k 1 year bonus must be paid in full if you leave in the first 12 months of employment. They are pro-rated for the second 12 months are are considered earned at your 2 year anniversary.
You may also defer the "big" bonuses to your 1 year anniversary and have them paid in 12 installments with no obligation to repay any portion.
The type rating bonus only applies to 121, 135, and 91k.
I'm 99% sure that's all accurate but I'm sure someone will correct me if it isn't.