Originally Posted by
JustAsking
So I did listen in on most of the call, and I heard that the two LOA's are independent of each other. For the bonus LOA, I never did hear exactly what the commitment for repayment is. On the new bonus option, it looks like pilots with over 12 months get $15,000 within 45 days of signing LOA, then $30k when upgraded to Captain, the 40k on 1 yr Anniversary of CA,. then another 40k at 2nd yr CA anniversary, then $25k at time of flow. Is there a 24 month commitment at each step/bonus, or just 24 months total from first bonus? For example, when you get the 40k for t5he 1 yr CA anniversary, does your 24 months start again (for just 40k) or do the previous bonus commitments "drop off" over their time expiration?
Each payment triggers a commitment. That’s the whole point of it being a RETENTION bonus. It does potentially give an opportunity to work some of it off, but the whole idea is to get you hooked on the crack so you stay. Giving you just a nibble of that carrot so you don’t decide you’re just going to starve to death and find somewhere else to feed you, even at the cost of paying back that paltry $30K initial payment.