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Originally Posted by Houpilot2001
(Post 2647608)
Theres no difference between week 1 and week 53 in repayment cost. If you're gonna bail, may as well do it now. Once you pass the year mark, it drops $1,875 per month.
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Originally Posted by grumpydwarf
(Post 2647563)
My first year and every year in the military was awesome and fun. I would say the difference between then and now is the family factor.
I might be able to provide you some relevant perspective; I spent the first fifteen years of my professional life in charter, fractional, and corporate. |
Originally Posted by DreadWing
(Post 2647665)
Where are you speculating things might be better?
I might be able to provide you some relevant perspective; I spent the first fifteen years of my professional life in charter, fractional, and corporate. |
Originally Posted by grumpydwarf
(Post 2646930)
If I quit, I have to repay the bonus and training costs, so how hard does Envoy come after you for that?
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when does the "clock start" ? day-1 of ground school or Day-1 of flying the line as a new hire ?
Can you pay it back ? aka get the bonus, put it into savings account, then if you don't like it, quit and return the bonus ? Or is that not possible ? |
I was a rotor guy from the Army and got on with a regional back in 2001 (yes I'm Old). As you might imagine I was almost immediately furloughed after 9/11......6 months later they called me back but I didn't go. Fortunately I had a better flying job in hand. They tried to come after me for the training contract since I was under a year of employment. I told them to **** off. As far as I was concerned they had fired me (furloughed) and I had zero responsibility to pay that money back. I never heard from them again. The point is, they will come looking for the money even when they know its not owed to them. In your case I'm quite certain they will be persistent in looking for repayment since it will have been your decision to break the contract.
Good Luck to you. As others have said, do what makes you happy! |
Originally Posted by BarrySeal
(Post 2647740)
when does the "clock start" ? day-1 of ground school or Day-1 of flying the line as a new hire ?
Can you pay it back ? aka get the bonus, put it into savings account, then if you don't like it, quit and return the bonus ? Or is that not possible ? Clock starts Day 1 of Indoc. You can throw the money in savings and just hand it back, but you will still owe the company the taxes they withheld (which you never received). |
Originally Posted by Whiskey4
(Post 2647914)
Clock starts Day 1 of Indoc.
You can throw the money in savings and just hand it back, but you will still owe the company the taxes they withheld (which you never received). Can you just decline the bonus all-together ? |
Originally Posted by BarrySeal
(Post 2647925)
Can you just decline the bonus all-together ?
Fillerrrrrr |
Originally Posted by BarrySeal
(Post 2647925)
Can you just decline the bonus all-together ?
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