57K Bonus
12-19-2018, 10:28 AM
#21
On Reserve
Joined APC: Apr 2011
Position: Wings and a cushion
Posts: 13
contract?
Originally Posted by DarkSideMoon
“Yeah you get the entire bonus on day one with no obligation. Sign here.”
Talk to someone in payroll or HR. Everything else is hearsay.
Talk to someone in payroll or HR. Everything else is hearsay.
12-19-2018, 10:38 AM
#22
Gets Weekends Off
Joined APC: Nov 2016
Posts: 303
Originally Posted by DHC2FloatFlyer
Anyone who is presently employed or recently went through training have or willing to share what the actual contract says?
5k. 100% vested 1 year from doh. Pay back 100% before this date.
ATP CTP pay back 3500 if you leave before 1 year.
IOE 26k and Type 8k. 50% vested at one year from doh. Months 13-24 each vest a pro-rated share of remaining 50%. Fully vested at 2 year.
We are not actually paying out the remaining 8k of the 56k nor have we ever so I’m not sure if that vests right away or not.
12-19-2018, 10:40 AM
#23
Gets Weekends Off
Joined APC: Sep 2016
Posts: 1,948
Originally Posted by DHC2FloatFlyer
Anyone who is presently employed or recently went through training have or willing to share what the actual contract says?
Anything you hear from anyone besides payroll/HR or someone who is on that particular day of Indoc and manages to snag a copy is hearsay unless they’ve finally started letting people see it again.
12-25-2018, 09:01 AM
#25
On Reserve
Joined APC: Dec 2018
Posts: 12
Originally Posted by Soxfan1
Pretty sure it’s:
5k. 100% vested 1 year from doh. Pay back 100% before this date.
ATP CTP pay back 3500 if you leave before 1 year.
IOE 26k and Type 8k. 50% vested at one year from doh. Months 13-24 each vest a pro-rated share of remaining 50%. Fully vested at 2 year.
We are not actually paying out the remaining 8k of the 56k nor have we ever so I’m not sure if that vests right away or not.
5k. 100% vested 1 year from doh. Pay back 100% before this date.
ATP CTP pay back 3500 if you leave before 1 year.
IOE 26k and Type 8k. 50% vested at one year from doh. Months 13-24 each vest a pro-rated share of remaining 50%. Fully vested at 2 year.
We are not actually paying out the remaining 8k of the 56k nor have we ever so I’m not sure if that vests right away or not.
12-25-2018, 09:07 AM
#26
Gets Weekends Off
Joined APC: Nov 2013
Position: Captain CL-65
Posts: 268
Originally Posted by DarkSideMoon
It’s available for like 15 minutes during new hire training and then after you sign it disappears into the ether and they won’t give you a copy. Only people that are going to have the actual text of the thing are people currently in Indoc.
Anything you hear from anyone besides payroll/HR or someone who is on that particular day of Indoc and manages to snag a copy is hearsay unless they’ve finally started letting people see it again.
Anything you hear from anyone besides payroll/HR or someone who is on that particular day of Indoc and manages to snag a copy is hearsay unless they’ve finally started letting people see it again.
12-25-2018, 09:13 AM
#27
Gets Weekends Off
Joined APC: Nov 2013
Position: Captain CL-65
Posts: 268
Originally Posted by Av8tor8710
Ah. Understood.
I went to the AW website and did the “hours calculator” they have. When I took the results of “time left” and added it to my TT the sum was 1,400 and that’s with 50hrs of sim already from a 142 included in the hours I gave. Just trying to figure out if AW does something similar, to Republic, in terms of reducing the sign on and if so by how much is it reduced, because someone has to pay for the additional training right? Ha. 🤷*♂️
I went to the AW website and did the “hours calculator” they have. When I took the results of “time left” and added it to my TT the sum was 1,400 and that’s with 50hrs of sim already from a 142 included in the hours I gave. Just trying to figure out if AW does something similar, to Republic, in terms of reducing the sign on and if so by how much is it reduced, because someone has to pay for the additional training right? Ha. 🤷*♂️
12-26-2018, 10:34 PM
#28
Gets Weekends Off
Joined APC: Apr 2007
Position: 767 FO
Posts: 833
Thank you all for the clarification on the vesting times for the Bonuses. I've got 5500+TT but most of that is in King Airs. I need 500+ Jet for my preferred "career airline" and have been looking at regionals for the hours to complete the required experience. AW was topping the list due to first year pay, but I'm going to do some reordering now that I know that 26k requires a 2 year commitment.
12-27-2018, 11:01 AM
#29
Gets Weekends Off
Joined APC: Nov 2016
Posts: 303
Originally Posted by Clue32
Thank you all for the clarification on the vesting times for the Bonuses. I've got 5500+TT but most of that is in King Airs. I need 500+ Jet for my preferred "career airline" and have been looking at regionals for the hours to complete the required experience. AW was topping the list due to first year pay, but I'm going to do some reordering now that I know that 26k requires a 2 year commitment.
12-27-2018, 02:51 PM
#30
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by Soxfan1
Just defer it all. If you leave before one year no harm no foul. If you happen to get stuck you get it all in 12 installments months 13-24. Nearly every veteran does it this way and leaves once the big 3 call. Helps on taxes too as it can spread to money out over 2 income tax years.
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