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View Full Version : Signing bonus


flygirl556
10-27-2017, 05:26 AM
Hi there! I'm asking for a friend...really. I have a friend wanting to leave a place that has a training contract for Envoy. He was planning to use the signing bonus to pay for the broken training contract. Anybody know how that signing bonus is paid out and when it's paid out? Thanks in advance!


poopplop
10-27-2017, 05:39 AM
You get a check the first day of training. Then another check for $5000 if you pick the 145 or CRJ. The taxes are already taken out of the check, so expect about 25-30% less on the actual checks.

Reserve King
10-27-2017, 05:42 AM
Bonuses come with a 2-year commitment, I believe.


Alaskanrenegade
10-27-2017, 11:30 AM
You get a check on day one with taxes taken out already. The taxes taken out on mine was approximately 35% but I might have heard them mention something about first born or an extremity in lieu of the taxes.
They will mail out the 5,000 dollar check for the legacy aircraft. It has been a couple of weeks and I haven't seen it yet.
And, this is all based on a 2 year commitment. Anything less than a year is 100% returned and pro-rated after 1 year.

jshoneycutt
10-28-2017, 05:35 AM
Hi there! I'm asking for a friend...really. I have a friend wanting to leave a place that has a training contract for Envoy. He was planning to use the signing bonus to pay for the broken training contract. Anybody know how that signing bonus is paid out and when it's paid out? Thanks in advance!

I received an e-mail from Envoy about a program they are trying for pilots with at least 800 121 time. I think it offered an extra $20k? If your friend has the 800 hours, have the friend ask recruiting about the program.

HoustonPilot
10-28-2017, 12:53 PM
I received an e-mail from Envoy about a program they are trying for pilots with at least 800 121 time. I think it offered an extra $20k? If your friend has the 800 hours, have the friend ask recruiting about the program.

This is their way of legally hiring street captains basically.