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Sign on Bonus

Old 07-03-2018, 04:14 PM
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Default Sign on Bonus

Hello, could someone enlighten me about the $22100. sign on bonus? I understand that it is a two year commitment but what other stipulations might come with it? Let’s say you have to resign after 12 months for whatever reason, how much would you have to pay back? Thanks for the info!
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Old 07-04-2018, 10:49 AM
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Hi, if you resign within the first 12 month you pay everything back. Month 13-24 - 50%
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Old 07-13-2018, 06:38 AM
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Civil Court Case Information - Case History

Civil Court Case Information - Case History

Discuss... looks like they collect....
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Old 07-13-2018, 07:08 AM
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Originally Posted by GoesTo11 View Post
This is no secret, it’s been brought up before. What is there to discuss? Read the contract before signing.
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Old 07-13-2018, 08:14 AM
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Originally Posted by PosRateGearUp View Post
This is no secret, it’s been brought up before. What is there to discuss? Read the contract before signing.
Ok don't discuss. Just some folks think companies won't come after them for these types of things. The can and they will. I agree people need to understand what they are signing up for.
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Old 03-04-2019, 07:56 AM
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Do you receive it day one, or is it at benchmark dates like end of OE?
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Old 03-04-2019, 08:55 AM
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Originally Posted by StickPig View Post
Do you receive it day one, or is it at benchmark dates like end of OE?

You get the check via FedEx Express a few days before you start class.


Things to drill down on would be if you have to pay it back if you lose your medical or other related matters. The contract merely states that you would be free from repayment if you are FULLY disabled or die. So I think you have to pay it back even if you lose your 1st class medical...
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Old 03-04-2019, 09:01 AM
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Originally Posted by GoesTo11 View Post

I guess we could discuss why the defendants are paying back less than the amount of the bonus. Did the court pro-rate the amount by other than 50%?
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Old 04-22-2019, 09:36 AM
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Gonna bump the post if anyone has an idea when this sign on bonus is given? After training? And in installments or all at once?
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Old 04-22-2019, 09:48 AM
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Originally Posted by DreamCatcher View Post
Gonna bump the post if anyone has an idea when this sign on bonus is given? After training? And in installments or all at once?
All at once, you’ll get an overnight package from FedEx a few days before training.
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