Originally Posted by
kaputt
What are the commitments for the bonuses for a new hire first officer? They obviously don't readily advertise those in the recruiting stuff that's out there.
Can't edit my post anymore, but I think I'm seeing that the bonuses require 24 month commitment. Is that correct?
And how exactly do they work? 24 months form the day the cash hits your bank account?
For instance, with the sign on bonus $10k, you owe 24 months from that point? So as an example, if I was eligible for that today I would have to stay at Envoy until June of 2024 to avoid paying that back? And then the remaining $5k that comes at 1 year as a first officer, you would owe them 24 more months from that date as well, so you would have to stay at Envoy until June of 2025 to avoid paying that back? Is that how these bonuses work, and is there any pro-rate to the amounts?
Not necessarily planning to bail out on Envoy that fast, but just want to understand the terms of the bonus contracts.