Signing bonus
10-27-2017, 05:26 AM
#1
Gets Weekends Off
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Joined APC: Jan 2006
Position: Back in the right
Posts: 118
Signing bonus
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!
10-27-2017, 11:30 AM
#4
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Joined APC: Mar 2014
Posts: 55
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.
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.
10-28-2017, 05:35 AM
#5
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Joined APC: Feb 2017
Posts: 62
Originally Posted by flygirl556
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!
10-28-2017, 12:53 PM
#6
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Joined APC: Sep 2017
Posts: 39
Originally Posted by jshoneycutt
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.
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